Cayman Commits To Automatic Tax Information Exchange

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Cayman Finance is the association representing the financial services industry of the Cayman Islands, a premier global financial hub that efficiently connects law abiding users and providers of investment capital and financing around the world, benefitting developed and developing countries. Learn more about Cayman Finance at www.caymanfinance.ky.
he Cayman Islands government has indicated to the British government that it is committed to joining the G5 pilot.
Cayman Islands Tax

The Cayman Islands government has indicated to the British government that it is committed to joining the G5 pilot, announced in April by the UK, France, Germany, Italy and Spain, on multilateral automatic exchange of tax information.

The pilot is based on the model agreements negotiated by the five countries with the United States government to comply with the US Foreign Account Tax Compliance Act.

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Originally published in Caymanian Compass

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