Tag: tax avoidance
Tax report puts Cayman in negative spotlight
(CNS): The report published Friday by the Tax Justice Network identifying the Cayman Islands as the single biggest jurisdiction for global tax losses led to a flurry of negative headlines over the weekend. The government issued a brief statement Friday evening, in which officials said that Cayman supported fair tax systems and noted that it […]
Minister talks regulation with offshore sector
(CNS): Financial Services Minister Tara Rivers told hundreds of representatives from the offshore sector recently that government was doing all it could to deal with the new demands in financial standards. Providing a review of efforts to keep pace with new standards in tax transparency, anti-money laundering and counter-terrorism financing, and prudential regulation, she told […]