Money raised for Virginia student badly injured in Cayman Islands
From CBS 6 Harrison Strong 5K raises $30,000 for family of injured James River High student CHESTERFIELD COUNTY, Va. — Runners, walkers and corporate sponsors raised more than $30,000 Saturday for the family Chesterfield teen Harrison Zierenberg. The money was…
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iNews Briefs, More & Community Events
Community Events Grand Court Jurors Report Date Changed The Grand Court jury report date has been changed. Grand Court Jurors who are in the 1 April – 30 June 2015 session are now to report on Monday, 29 June 2015…
Cayman Islands Labour Relations Bill, 2015 released for public consultation
At a press conference on 24th June, 2015, the Ministry of Education, Employment & Gender Affairs and the Department of Labour & Pensions released the Labour Relations Bill, 2015 for public consultation. Once passed, this Bill will replace the Labour…
Numbered [Cayman Islands] company takes over Bissett mine
By Martin Cash From Winnipeg Free Press The Bissett mine and all the assets of San Gold Corp. are now owned by 7097914 Manitoba Ltd. The numbered company was created to hold the assets on behalf of Beechwood Re, a…
Did you know there is legislation called the “CAYMAN TAX”?
EDITOR: I didn’t until I received the following article published on the Tiberghien website: The Belgian “Cayman-tax” will allow for a “substance exclusion” under strict conditions By Gerd D. Goyvaerts From Tiberghien The Belgian parliament is currently debating new legislation…
Cayman Islands: It’s time to prepare for the common reporting standards
From DMS Another round of International Tax Compliance Required under the OECD’s Common Reporting Standard. The Cayman Islands Department of International Tax Compliance (DITC) has notified Cayman financial institutions of its intention to move forward with implementing the OECD’s Common…
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Time for Caribbean countries to ditch fixed exchange rate to dollar
By Sir Ronald Sanders From AMG By continuing to tie their currencies to the US dollar, Caribbean countries are linking their fortunes to the policies of the US – policies that are made in the interest of the US alone….
Offshore tax zones cost developing countries $100 bln a year – U.N.
From Reuters GENEVA Developing countries are losing around $100 billion a year in revenues because foreign investors are channelling profits through offshore zones to avoid tax, a study by U.N. think-tank UNCTAD said on Wednesday. “Tax avoidance practices therefore are…
Caribbean banks say EU blacklist could hurt region’s financial institutions
From CARIBBEAN360 CASTRIES, St. Lucia, Friday June 26, 2015 – Regional banks are concerned that the European Commission’s listing of Caribbean countries among the world’s worst tax havens could hurt the region’s financial services sector. The Caribbean Association of Banks…
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The Cost of Cruises: Planned Cayman Islands port would destroy coral reefs
By Taylor Hill From Takepart The Grand Cayman Island project could crush acres of delicate corals to make way for a cruise ship dock. If you have to destroy the pristine reef systems that attract tourists to your island in…
