Economic Substance Guidance Notes v3.0 Issued

Economic Substance Guidance Notes v3.0 Issued

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...
Financial Services Update

Financial Services Update

Industry is advised that the Ministry of Financial Services is addressing a number of matters in the coming days as part of its business continuity plans in the face of the coronavirus (COVID-19) pandemic. VIRTUAL ASSETS AND ADMINISTRATIVE FINES CONSULTATIONS EXTENDED...
DITC Activates Business Continuity Plan

DITC Activates Business Continuity Plan

The Department for International Tax Cooperation (DITC) is following Cayman Islands Government policy and activating its business continuity plan during the coronavirus (COVID-19) pandemic. As a result, the DITC expects to maintain its operational frameworks and...

Economic Substance Guidance Notes Updated

The Department for International Tax Cooperation (DITC) wishes to advise industry of the amendment to Economic Substance Guidance Notes Updated,  to reflect the changes made by the International Tax Co-Operation (Economic Substance) (Amendment of Schedule) (No. 3)...