January 21, 2021

Corporate Electric Ltd. is now an Authorised Distributor of Panduit Products

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By Ari Roul From Life Pusle Health Grand Cayman, Cayman Islands December 30, 2017: Corporate Electric Limited, known for its excellent residential and commercial electrical solutions in the Cayman Islands, has officially declared being the authorised distributor of electrical products manufactured by Panduit, the world-class leader popular for its outstanding innovation in the field. This […]

UK: We can’t rely on leaks to enforce tax policy. Labour will crack down on havens

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By Andrew Leigh From The Guardian UK The Paradise Papers show why Labor’s policy to force companies to report their use of tax havens is so necessary Another day, another leak showing dodgy dealings in tax havens. The so-called Paradise Papers, a leak of 13.4m files from two offshore service providers, reveal tax avoidance by […]

Cayman Islands, economic powerhouse – Bank of America alone has 143 subsidiaries there

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By The Tax Justice Blog From The Raucous Rooster According to Institute on Taxation and Economic Policy Executive Director Matt Gardner, “On paper, at least, the Cayman Islands is an economic powerhouse. The latest data from the Internal Revenue Service show that U.S.-based corporations claim that their subsidiaries earn $51 billion a year there, an […]

What free roaming chickens and accounting tricks have in common

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By Matt Gardner, Executive Director at ITEP From Tax Justice Blog Is offshore tax avoidance a victimless crime? That was the question underlying my recent visit to the Cayman Islands, where I spent a whirlwind weekend helping to film a BBC2 documentary on the real-world impact of tax havens on economic inequality. On paper, at […]

Cayman Islands: Caledonian Story: Offshore banking group brought down by long arm reach of the SEC

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By Ian Huskisson From Travers Thorp Alberga Ian Huskisson from Travers Thorp Alberga in the Cayman Islands discusses the recent demise of the Caledonian offshore banking group as a result of “incredible government overreach” by the Securities and Exchange Commission. “The Cayman Islands is recognised as one of the top 10 international financial centres in […]