Topic: Department for International Tax Cooperation
Financial services minister addresses EU Parliament subcommittee
Minister for Financial Services André Ebanks discussed how the Cayman Islands cooperates on tax matters globally, and specifically with the EU, during a meeting with EU members of parliament on Monday.
In brief: Tax information exchange reporting deadline extended
The Department for International Tax Cooperation (DITC) has advised Cayman Islands financial institutions that the notification deadline for U.S. FATCA and the Common Reporting Standard for the calendar year 2016 has been extended to 31 July 2017.
Tax information exchange deadlines extended
The Cayman Islands Department for International Tax Cooperation announced that the 2017 deadlines for notification and reporting obligations under the common reporting standard regulations will be extended by two months. Cayman financial institutions now have until June 30 to register.
FATCA notification and reporting due dates extended
The Cayman Islands government has extended the soft enforcement due dates for notification and reporting under the U.S. Foreign Account Compliance Act and its U.K. equivalent to Friday, Sept. 2.
