The Editor Speaks: Travers and Miller
Two excellent statements from two diverse personalities and both respected even if you may not agree with them. Anthony Travers, former Chairman of the Board of Cayman Finance and current Chairman of the Cayman Islands Stock Exchange made this poignant…
Bermuda’s Premier hits back at Bush
(orig. “Cox hits back at Cayman Premier”) By Marcia Breen, The Royal Gazetteonline Premier Paula Cox last night accused Cayman Premier McKeeva Bush of making disparaging remarks about rival jurisdictions to cover up problems in his own country. Ms Cox…
MLA Ezzard Miller’s response to the Premier’s statement on the Budget
From Radio Broadcast Friday 27th July Good evening Caymanians and expats, these are troubling and unstable times in our beloved Cayman Islands. The Premiers announcement on Wednesday July 25 that his UDP government intends to introduce direct income based taxation…
CIMA Investigates HSBC Mexico S.A.
The Cayman Islands Monetary Authority (CIMA) is investigating whether the Cayman Islands Branch of HSBC Mexico S.A. (“The Cayman Islands Branch”) breached any local laws or regulations. As the regulator of financial services institutions in the Cayman Islands, CIMA officials…
The Editor Speaks: Taxation looms
The announcement by Cayman’s premier, Hon McKeeva Bush to place a payroll tax on work permit holders has caused a wave of discussion today. The word “tax” strikes such an arrow into the heart of everyone living in the Cayman…
Cayman Finance Statement on Proposed Payroll Tax
Cayman Finance has not yet received any details on the proposed “payroll tax” beyond that which has been reported in the media. We are therefore unable to offer any technical or specific feedback on the proposal at this stage. We…
Governor’s Statement on Budget
Issued by: Governor’s Office In response to enquiries received following the statement in regard of the budget issued by the Honourable Premier yesterday, the Governor has issued the following statement: “I have seen reports of a statement issued by the…
Statement on U.S. Tax Compliance and the Foreign Account Tax Compliance Act
25 July 2012 The Ministry of Finance is issuing this statement in relation to recent public comments made in relation to the US Foreign Account Tax Compliance Act (FATCA). The US Government has always expected its citizens, wherever they live…
Welcoming ceremony hit the spot
by Ronald Shillingford London has been basking in sunshine all week and the extra warmth created by all the goodwill of hosting the Olympics radiates everywhere. On Thursday the Games organisers had a series of welcoming ceremonies for countries and…
The Editor Speaks:The premier’s budget statement
Whilst our lead story headline states that Premier Hon. McKeeva Bush is bringing in taxation he will argue that it is no such thing. However, whatever you call something, it doesn’t change what it is. A rose is a flower…
