Bahamas “largely compliant” says OECD Tax Policy Director
By Bahamas Financial Services & Investments The director of the Organization for Economic Co-operation and Development’s (OECD) Centre for Tax Policy and Administration, Pascal Saint-Amans, has praised The Bahamas for its “tremendous progress” in adopting Foreign Account Tax Compliance Act…
Latest G20 summit holds no surprises for Cayman Islands
From IFC Review Following the G20 summit in Brisbane last week questions remain over how much the latest talks on global tax transparency will impact Cayman and other offshore jurisdictions, reports the Cayman News Service. Despite the bluster from international…
The movement of business firms towards tax havens
By David Dadson From Examiner.com One of the profit earning strategies of business firm is incorporating their companies in offshores. These countries are usually called as offshore financial centers (OFC) which offers service to offshore companies. Their business friendly traits…
The difference between “Tax Evasion” and “Tax Avoidance”
By Colin Daniel From Caribbean360 BRIDGETOWN, Barbados, Thursday October 9, 2014 – After my recent article on “Tax Policy as a Tool” , a colleague of mine asked me to explain the difference between “Tax Evasion” and “Tax Avoidance” Simply…
Rescuing educational quality in Latin America & the Caribbean
By Jorge Familiar Calderón From DaVibes If it hadn’t been for my sixth grade teacher, I probably would have never spelled correctly in Spanish. But when I quietly confessed to her one afternoon that I had never learned the rules…
Freedom of Information needed/IMF warns tax avoiders
Scathing US critique highlights the need for Freedom of Information By Branville McCartney, DNA Leader The recently released US State Department Report on the Investment Climate in the Bahamas is yet another scathing indictment of this PLP administration’s failure to…
Six charts that show how stingy America is toward its own families
By Matt Phillips From Quartz Just in time Father’s Day, the rich-country think tank known as the OECD has issued its annual survey of the US economy. The Paris-based organization specializes in churning out reports that standardize data across national…
Snapshot: actual Internet upload and download speeds from across the Caribbean 2014 [Cayman is among the top placed]
From ICT Pulse Have you ever wondered what Internet speeds might actually be experienced in the Caribbean? This new Snapshot examines household Internet upload and download speeds in 25 countries across the region. In our earlier Snapshot, we examined residential…
The Caribbean engaging the world in Financial Services
Article by Gonzales Jalles Cayman Finance The Caribbean Export Development Agency, in partnership with the Government of The Bahamas, recently organised a regional summit with focus on financial services and how the economies in the region can grow that industry…
The Editor Speaks: statistics – are they really useful?
“U.K. Economy size may be revised upward on EU Statistics changes” is one of our stories in today’s iNews Cayman from Bloomberg, showing the importance of statistics. Important but is their usefulness exaggerated and figures capable of misinterpretation? Yesterday I was helping…
