Cayman Islands: Corporate Tax

The Cayman Islands Department for International Tax Cooperation has released critical updates for the 2027 compliance cycle covering Common Reporting Standard, Foreign Account Tax Compliance Act, and Crypto-Asset Reporting Framework requirements. Financial institutions and crypto-asset reporting service providers must navigate new registration deadlines, enhanced due diligence procedures, and the transition to updated XML reporting schemas for the 2026 calendar year.

Grand Cayman, 28 November 2022 – The Cayman Islands continue to make significant contributions to international tax cooperation efforts, as evidenced by its ongoing involvement...

The Cayman Islands has confirmed to the UK that it will join the initiative for the development of a global standard for the sharing of beneficial ownership information.