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Altera and IRS fight involving employee stock-based compensation and a unit in Cayman Islands

Altera Corp and the Internal Revenue Service are battling in U.S. Tax Court over the semiconductor maker’s handling of employee stock-based compensation and a unit in the low-tax Cayman Islands. The dispute centers on “transfer pricing,” or how multinational companies…

Law Firm Dress Down Days Benefit Cancer Society

Ritch & Conolly donate $1,000 to Cancer Society 25 July, George Town, Cayman Islands – Following several weeks of contributions, local law firm Ritch & Conolly today announce a donation of $1,000 to the Cayman Islands Cancer Society. The funds…

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Hotline for Labour and Pensions

Employees can now report infractions by their employers to a telephone hotline/tipline at the Department of Labour and Pensions. The Department has installed a new telephone “hotline/tipline”, for the purpose of receiving confidential information on Labour or Pension laws violations….

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BCQS International announces director appointment

Tortola, British Virgin Islands, 24th July 2012 – BCQS International, the leading Property and Development Consultancy of its kind in the Caribbean region and Latin America announced today the promotion of Associate Director, James Hunt to the position of Director,…

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North Side CERT graduation

Hazard Management Cayman Islands announced they are celebrating the successful completion of another CERT team training – this time for the community of North Side! 25 residents of the district took part in the training and out of that number,…

Premier brings in taxation – but only for work permit holders

CITN-Cayman27 seems the favourite place for Cayman Islands premier to make major announcements these days. However, it took place during a nation wide power outage so few, if any, watched it.   Mr. Bush said on the local television “Daybreak”…

CUC power failure causes Island wide blackout and at what cost?

From around 6:30 am Wednesday (25) I was awoken with the strange noise of silence. Yes silence does wake you up and it did me immediately Perfect stillness inside my house. No air conditioning brrr and no swish from the…

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Law School Celebrates 30th Anniversary

The Cayman Islands Law School – now officially named The Truman Bodden Law School of the Cayman Islands – hosts two major events next week. On Friday, 3 August, which marks the 30th anniversary of its founding, the school holds…

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Frasers impressed with London

25 July 12 By Ronald Shillingford Shaune and Brett Fraser are enjoying their last few days of training as they settle in for their Olympic assault. Both are in three events at the London Games, starting in the 200 metres…

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GIS Press Release: Blackout Affects Immigration

The Department of Immigration’s public counter and headquarters are operating as usual despite the electrical blackout this morning (Wednesday, 25 July).  However, the Call-Centre is not functional. Clients can instead email: immigration@gov.ky. The Passport and Corporate Services section, located in…