J Mar 2024 | Industry Advisory
After reviewing the submitted data for the 2022 Reporting Period, the Department for International Tax Cooperation (“DITC”) determined that approximately 10 percent of Financial Institutions (“FIs”) failed to report a date of birth (“DoB”) for...
J Nov 2023 | Industry Advisory
The Cayman Islands to Implement CARF The Cayman Islands is one of 48 jurisdictions that is endorsing a Collective engagement to implement the Crypto-Asset Reporting Framework (CARF). The joint statement on the engagement, which the jurisdictions are issuing today, (10...
J Apr 2023 | Industry Advisory
The Department for International Tax Cooperation (DITC) published the lists of CRS Participating Jurisdictions and CRS Reportable Jurisdictions in the Cayman Islands Gazette on Friday, 31 March 2023. These are the CRS and FATCA reporting deadlines in 2023, for the...
J Jul 2020 | Industry Advisory
The Department for International Tax Cooperation (DITC) advises industry that the latest version (v3.0) of the Economic Substance Guidance Notes (“Guidance Notes”) has been issued today (Monday, 13 July). The Guidance Notes were developed based on feedback received...
