Updated List of Reportable Jurisdictions

Industry is advised that the Department for International Tax Cooperation (DITC) has published the attached list of CRS Reportable Jurisdictions, pursuant to regulation 5(3) of the Tax Information Authority (International Tax Compliance) (Common Reporting Standard)...

FATCA/CRS Reporting Deadlines and Economic Substance Update

The Department for International Tax Cooperation (DITC) advises industry of the following. 1. AEOI Portal, FATCA / CRS Reporting Deadline: Wednesday, 31 July 2019 Notwithstanding the statutory deadline of 31 May, completion of 2018 FATCA and CRS reporting obligations...

FATCA/CRS Reporting Deadlines, and Economic Substance Update

The Department for International Tax Cooperation (DITC) advises industry of the following. AEOI Portal, FATCA / CRS Reporting Deadline: Wednesday, 31 July 2019 Notwithstanding the statutory deadline of 31 May, completion of 2018 FATCA and CRS reporting obligations...

Economic Substance Regulations, and Guidance v2.0

The Department for International Tax Cooperation (DITC) advises industry that Cabinet approved the following on Tuesday, 30 April 2019: The International Tax Co-operation (Economic Substance) (Amendment of Schedule) (No. 2) Regulations, 2019; and The Regulations and...

Country-by-Country Reporting Notification Deadline

The Department for International Tax Cooperation reminds industry of the 30 September 2018 deadline for Constituent Entities in the Cayman Islands to make CbCR notifications for MNE Groups that have a Fiscal Year which began on or after 1 January 2016, and ended on or...

Cayman AEOI Portal Update

The Department for International Tax Cooperation wishes to advise Industry that the Cayman AEOI Portal will be taken offline on Friday, 1 June 2018 at 12:00 noon. The statutory reporting deadline for CRS and US FATCA remains 31 May 2018. It is intended that the AEOI...