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…
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,…
Track stars fine tune
23 July 2012 By Ron Shillingford The London Olympics start this weekend and the five Cayman Islands athletes are fine tuning for the biggest challenge of their careers. Track queen Cydonie Mothersill runs in the 200 metres from 6 August,…
Minister of Foreign Affairs delivers remarks at BDO Meeting
Nassau, Bahamas – The following are Remarks by the Hon. Fred Mitchell MP Minister of Foreign Affairs and Immigration BDO North American Caribbean Regional Meeting held at Atlantis Resort, Paradise Island, Bahamas delivered on 23rd July 2012. Let me welcome…
BIJ opinion on offshore wealth report
In July 22nd’s edition of iNews Cayman we published an extract from the Tax Justice Network report on offshore wealth that included the Cayman Islands. If you didn’t read it you should (www.ieyenews.com/2012/07/tax-justice-network-wealth-held-in-tax-havens-like-the-cayman-islands-skyrockets/). It does make some uncomfortable reading for…
GHRI, Georgia Aquarium Partner for Stingray Census Study in Grand Cayman
The Guy Harvey Research Institute just finished conducting the annual census of the stingray population at Stingray City in Grand Cayman. The GHRI team, led by Guy Harvey and GHRI Director Dr. Mahmood Shivji, Dr. Brad Wetherbee of the University…
Tiny Cayman Islands nation looks to make big Olympic splash
By Allan Maki, The Globe and Mail, Calgary Theirs is an Island tale with a Canadian twist. A story where improbability met opportunity and rewarded them both, with more than they dreamed. Shaune Fraser is telling that story, his brother’s,…
2012 Backscatter Grand Cayman Digital Shootout Was a Photographer’s Dream
The 2012 Backscatter Digital Shootout was not to be missed. Held June 16-23 at the Little Cayman Beach Resort, Scuba Diving Magazine‘s photo editor, Katy Danca Galli, dubbed it the “ultimate summer camp for for underwater photography nuts” and blogged about her…
Greenpeace: KFC’s secret recipe ravages rainforests
Greenpeace International yesterday (24) released evidence that Kentucky Fried Chicken – KFC has been using product packaging sourced from rainforests, supplied by Asia Pulp and Paper (APP). Forensic testing in three markets – UK, China and Indonesia – repeatedly confirmed…
Inserve Yachts approved by Cayman Islands Shipping Registry
Inserve Yachts Ltd has recently had its safety management system reviewed and approved by the Cayman Island Shipping Registry (CISR) for passenger yachts. Passenger yachts are those carrying up to 36 passengers as defined by the Red Ensign Group Code…
