UK Enters into tax agreements with the Cayman Islands and other offshore jurisdictions
From JDSupra The UK and the Cayman Islands recently entered into an agreement to improve international tax compliance (ITC). Similar to the US Foreign Account Tax Compliance Act (FATCA), the ITC imposes wide-ranging UK financial reporting obligations on financial institutions…
The Editor Speaks: Why the silence on who conducted the report on Police Commissioner?
So why do we have to have secrecy surrounding the identity of the person who conducted the internal investigation into Cayman’s Police Commissioner, David Baines’ use of force during the arrest of one of the three robbers fleeing from Diamonds…
CARIBBEAN VIEW: Re-thinking Caribbean tourism again
By Sir Ronald Sanders From Huntington News Most of the Caribbean tourism groups have claimed the recent change in the Air Passenger Duty (APD) as ‘a complete victory’ for the Caribbean. The ‘victory’ is hardly ‘complete’, if it is a…
CARICOM expresses support for Britain’s airline passenger tax reform
From Caribbean360 CARICOM Secretary General Irwin La Rocque said that the tax had in the past negatively affected the region’s tourism sector and the realignment to a simpler and fairer two-band system is in keeping with the proposals advanced by…
Revealed: Conservative peer Lord Blencathra’s lobbying contract for tax haven Cayman Islands
By Melanie Newman, Oliver Wright From Independent UK Former Tory Chief Whip signed document to ‘make representations’ on behalf of Cayman Islands and details of £12,000-a-month role emerge after denials of wrongdoing to standards watchdog A senior Conservative peer, who…
Millionaire strip club owner battered to death in Caribbean – wrong body sent back to UK
By William Turvil from Daily Mail UK Daughter of millionaire strip club owner battered to death in the Caribbean blasts bungling authorities for ‘corruption and cover-up’ – including sending the WRONG BODY back to Britain Denise D’Courtenay, 60, had been…
Cayman Islands welcomes long lobbied reduction in APD for UK travellers
Grand Cayman, Cayman Islands (19 March 2014) The Cayman Islands is pleased to welcome the long anticipated news of reduced Air Passenger Duty (APD) for long haul visitors from the United Kingdom. APD is an excise duty which is charged…
Expat Scots demand a vote in independence referendum
By Belinda Goldsmith From Reuters A million Scots living outside of Scotland should be allowed to vote in a referendum this year on whether their country becomes an independent nation, one of them said on Monday as he sought backing…
The Editor Speaks: When is a whistleblower a snitch?
I have already done an Editorial on “The persecution of whistleblowers” see iNews Cayman November 14 2013 at: http://www.ieyenews.com/wordpress/the-editor-speaks-the-persecution-of-whistleblowers/ In that Editorial I stated: “Here in Cayman we don’t have too many Whistleblowers but we do have our activists who…
Caribbean Tourism Organization issues statement on UK Air Passenger Duty
From TN Global Travel Industry News The British Chancellor George Osborne will present his budget on 19 March in a speech to the British Parliament. The Caribbean Tourism Organization (CTO) will be listening carefully to see if the Chancellor is…
