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Tax Reform: Lessons from the Cayman Islands

By Douglas Holtz-Eakin The Cayman Islands have taken a public-relations beating this U.S. electoral season — a poor reward for developing a sensible business model in the complicated world of international finance. Rather than demonizing those who use Cayman subsidiaries, U.S….

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Maples and Calder Supports Youth Volleyball

Maples and Calder recently supported the Cayman Islands Volleyball Federation’s Youth Development Program by sponsoring a hole and two carts at their “Take a Kid To Golf” fundraising event on 10 August. This unique golf event focussed on fun rather…

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US tax ruling threatens commodity mutual funds in the Cayman Islands

Another story on this serious problem that is looming for us Commodity prices could come under severe pressure if the US Internal Revenue Service (IRS) decides to revoke previous rulings that have allowed mutual funds to pour over $50-billion into…

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Cayman Islands new work permit fees

Following a revision to the Cayman Island budget, higher work permit fees entered into force on September 13, 2012, the government has confirmed. The changes, introduced as part of the islands’ revised budget, are contained in the Immigration (Amendment) (No….

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Chamber Imparts Supervisory/Management Transition Skills

It becomes increasingly important for employees, especially those transitioning to new roles, to continue to equip themselves with the necessary skills to ensure success in their organisations. It is for this reason that the Chamber’s Professional Development & Training Centre…

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CIB3 to be seriously investigated under new head and “Supergrass” axed

First story from Private Eye A recent article on the CIB3 anti-corruption squad of which Martin Bridger, who headed up our own fiasco Operation Tempura, was a part. Grass stains It finally looks as if Scotland Yard will be forced…

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Cayman Top Offshore Domicile for Captives

The Cayman Islands has been granted top billing of “Offshore Domicile of the Year” at the 2012 Captive Live conference in Chicago. Hosted by Captive Review magazine, the conference hosts more than 400 captive management professionals and captive owners from…

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Manchester United’s revenue falls to £320m

Manchester United has reported a 3.3% fall in revenue to £320.3m for the year to 30 June, after its early elimination from the Champions League last season. Net profit rose 79.2% to £23.3m, but this was boosted by a £28m…

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IMAC 2012 Annual Dinner and Scholarship Fundraising Gala

The Insurance Managers Association of Cayman (IMAC) and The IMAC Scholarship Foundation are hosting the 1st Annual Dinner and 3rd annual Scholarship Fundraising Gala on Saturday September 22, 2012. It looks to be a full night including a cocktail reception,…

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Cayman Islands makes list of 10 best all inclusive family resorts in Caribbean

Best all-inclusive family resorts in the Caribbean, according to FamilyVacationCritic.com: 1. West Bay Club, Turks and Caicos 2. Franklyn D. Resort & Spa, Jamaica 3. Cap Maison Villa Resort & Spa, St. Lucia 4. Beaches Turks & Caicos resort 5….