Topic: Organisation for Economic Co-operation and Development
As Bermuda contemplates corporate income tax, should Cayman follow suit?
The Cayman Islands should resist global pressure to introduce corporate income taxes, financial services industry leaders have insisted.
Inflation in OECD area hits 7.7% in February
Year-on-year inflation in the OECD area has jumped from 1.7% in February 2021 to 7.7% in February 2022.
OECD sees worst global economic growth in a decade
Rising trade tensions and policy uncertainty have set up global economic growth for the worst year since the financial crisis.
OECD tax chief uses Cayman to illustrate minimum tax rate
The Organisation for Economic Co-operation and Development is going to release a proposal for global corporate tax reform before the next meeting of G‑20 finance ministers and central bankers set for 17 Oct. in Washington, DC.
Economic growth in OECD area slows to 0.5%
Economic data from the Organisation for Economic Co-operation and Development is confirming ominous signs of an increasingly weaker global economy.
G-20 continue tax agenda
Leaders from the 20 largest economies agreed to strengthen the international tax system at the G-20 summit in Osaka.
OECD sees rising risks in corporate debt market
Global outstanding debt in the form of corporate bonds issued by non-financial companies has doubled since before the financial crisis and reached record levels at almost US$13 trillion at the end of 2018.
CARICOM seeks FATCA delay, but law may prove irrelevant
The Caribbean Community is looking at spending nearly quarter of a million dollars on a Washington-based consultant to lobby the Trump administration about the Foreign Accounts Tax Compliance Act.
EDITORIAL – Swiss voters say ‘Nein’ to tax bullies
Coming out of Switzerland is a developing story that’s not exactly “Man bites dog,” but certainly constitutes “Man bites back,” and is particularly instructive to the people of the Cayman Islands.
EDITORIAL – Another ‘blacklist,’ another ‘hit list’ (Yawn!)
There they go again. Another group (this time Oxfam) produces another list of “world’s worst tax havens,” and they slap the Cayman Islands near the top — not because our jurisdiction lacks transparency, or offers anything less than full cooperation with enforcement agencies all over the world, but simply because Cayman itself has no direct taxation.
