Date of Birth Information (CRS)

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...

CRS Jurisdictions Lists, and Reporting Deadlines

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...
Economic Substance Guidance Notes v3.0 Issued

Economic Substance Guidance Notes v3.0 Issued

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...