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First Standard Automatic

By M.V. | NEW YORK From The Economist “A NEW single global standard on the automatic exchange of information” is unlikely to set too many pulses racing outside the world of tax diplomacy. But the standard in question, unveiled on…

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Global tax standard attracts 42 countries

By Vanessa Houlder From Financial Times The Cayman Islands, Luxembourg and Jersey are among 42 countries that have agreed to pioneer a tax transparency regime in another milestone in the global crackdown on evasion. The Paris-based OECD described the plan…

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OECD initiative on Base Erosion and Profit Shifting (BEPS)

At Cayman Finance’s International Tax Initiatives seminar Jan. 23rd 2014 the Organisation for Economic Cooperation and Development (OECD) 15-point action plan is based on the assumption that corporate tax bases of governments are at risk. The risk is real because…