The Cayman Islands Tax Information Authority (the "TIA") has confirmed that notifications may be submitted on or before 21 May 2015 (the deadline was previously 30 April 2015) and that returns may be reported on or before 12 June 2015 (the deadline was previously 31 May 2015).
The TIA has issued a press statement confirming these dates are in line with the TIA's soft approach to enforcement during the first year of FATCA compliance. Further, the TIA has confirmed that no adverse consequences or enforcement measures will be attracted once there is compliance on, or before, the above dates for notification and returns reporting.
AEOI Portal and User Guide
The AEOI Portal can be accessed through the following link and by clicking on Automatic Exchange of Information (AEOI) from the left navigation menu and then selecting from the drop down menu "Cayman AEOI Portal Initial Setup (Notification)" or "Cayman AEOI Portal Login (Reporting)", as appropriate.
The User Guide can be accessed through the following link.
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