Cayman Islands compliance and transparency
by Chris Humphries & Jonathan McLean
The Cayman Islands is a transparent International Financial Centre which complies with all global standards on tax transparency and information exchange.
Below is a non-exhaustive compliance checklist of some of the measures that the Cayman Islands have taken in this regard:
Conclusion
Although the Cayman Islands is a tax-neutral jurisdiction whose value in international finance transactions is well-noted and appreciated in many of the key financial markets, it is not a “tax haven”. Read the full version of this article at stuartslaw.com
Published: Auditing, Reporting & Compliance Newsletter, No. 05, Spring 2021 l Photo: Jo Ann Snover - stock.adobe.com