The Editor Speaks: Ex-Premier did not let me down
If one is wondering what to write about for an Editorial and you know Cayman’s ex-premier, McKeeva Bush, is going to speak in the Legislative Assembly (LA) with television cameras rolling you have no worries. You will have a mountain…
Claim Boots underpaid UK tax by £1.3bn [Cayman Islands involved]
By Gabi Thesing From Irish Examiner Anti-poverty advocates have asked the British government to investigate the offshore tax arrangements of Alliance Boots, alleging that the pharmacy chain operator has underpaid by as much as £1.3bn (€1.6bn). UK charity War on…
UK approves Cayman Islands budget plan
From IFC Review United Kingdom budget watchdogs approved the Cayman Islands 2014/15 spending plan Wednesday, just five days before the Legislative Assembly was due to meet to review the upcoming budget, reports the Cayman Compass. Finance Minister Marco Archer confirmed…
New Third Party Rights legislation in the Cayman Islands
Article by James Eldridge and Luke Stockdale From Maples and Calder The Legislative Assembly of the Cayman Islands has recently passed the Contracts (Rights of Third Parties) Law, 2014 (the “Law”) which is expected to enter in to force shortly….
Two Somerset men among four feared lost at sea
By Daisy Blacklock From This is the West Country “THOUGHTS and prayers” are with the families of two Somerset yachtsmen feared lost at sea in the mid-Atlantic after their vessel capsized in the Caribbean. Steve Warren, 52, from Bridgwater, and Paul…
Cayman Islands – Draft FATCA guidance notes released for comments
The Cayman Islands on 12 May 2014 released a first draft of FATCA guidance notes concerning the compliance requirements of the intergovernmental agreement (IGA) between the Cayman Islands and the United States and between the Cayman Islands and the United…
UK cabbies are mad at Uber and they’re not going to take it anymore
By Colin Daileda From Mashable Drivers of black taxis in London are planning to clog city streets in early June to protest taxi-hailing app Uber. Private drivers are not legally allowed to have taxi meters in their cars in the…
Bankers’ bonuses: Shareholders wary of making allowances
By Jamie Robertson, Presenter, BBC World News Bonuses are down but pay is accelerating for bankers in the fast lane Bankers’ bonuses are not what they were. Don’t get me wrong. They haven’t shrunk in any way. Far from it….
International training opportunity for young Cayman lawyers
The Cayman Islands Law Society, the Caymanian Bar Association and the Chancery Bar Association of England and Wales are pleased to announce that on Monday May 5th 2014 they reached an agreement establishing a scheme to offer placements for articled…
Prime Minister presses UK tax havens about ownership
By agency reporter From Ekklesia David Cameron has written to the UK’s tax havens about the importance of them knowing and revealing more about who really owns the hundreds of thousands of companies they host, The move has been welcomed…