Five top tips for success
Five common pitfalls to avoid
What's coming up on the calendar for 2018
The Cayman Department for International Tax Cooperation (DITC) recently advised industry participants of the following:
Reportable jurisdiction update
The below is the list of jurisdictions to be treated as Reportable Jurisdictions for the purposes of the Common Reporting Standard contained in Schedule 1 of those regulations. This notice supersedes the notice published by Extraordinary Gazette No. 49/2017 dated Wednesday, 14 June 2017.
Azerbaijan and Pakistan will be Reportable Jurisdictions for reports due in 2018 onwards and Kuwait has been removed as a Reportable Jurisdiction for reports due in 2018 onwards.
*For reports due in 2017 and 2018 onwards please consult the
flyer by clicking here.
*Updated 3 January 2018 Issued by: Tax Information Authority Department for International Tax Cooperation, Government Administration Building, Box 135
133 Elgin Avenue, Grand Cayman KY1- 9000, Cayman Islands | www.ditc.gov.ky
1 Reference to an Account Holder means anyone who holds a debt
or equity interest in an Investment Entity as defined in the Cayman
Islands FATCA and CRS legislations.
2 Controlling Person has the definition prescribed to it in the Cayman Islands FATCA and CRS legislations
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.