The letters ICO made up from ones and zeros.

Anguilla announces world’s first blockchain utility token offering registration process

On May 4, 2018, the Anguilla House of Assembly enacted the Anguilla Utility Token Offering Act, which provides for the registration of issuers of...
Top marginal tax rates have declined since 1980

Plus ca change? Yes! And mostly for the better

Trade wars, Brexit, climate change, and job-stealing robots. It is easy to think that the world is descending into chaos. But while there are...

The global citizenship market: Why it matters today

When the first modern citizenship-by-investment programs were developed in the late 1980s and early 1990s, the investment migration industry was largely unformed, unknown, and...

Taxation matters in Bermuda

There is a common misconception in the “onshore” world that jurisdictions like Bermuda and Cayman, actually have no taxes at all – so called,...

The top 25 Initial Coin Offering jurisdictions and their comparative regulatory responses

Initial Coin Offerings (ICOs) provide unprecedented liquidity and efficiency for capital formation while minimizing transaction cost. While ICOs have historically allowed primarily crypto start-ups,...

Book Review: Will blockchain remake accounting, the internet and the world?

Civilization is founded on trust. A welter of research over the past two decades has shown that high trust societies grow more rapidly than...

Chile should give the OECD the cold shoulder

In its never-ending quest to implement a statist version of globalism, the Organisation for Economic Co-operation and Development (OECD) has recommended that Chile undertake...

Will U.S. tax reform kick off another round of beneficial tax competition?

When Ronald Reagan and Margaret Thatcher slashed top personal income tax rates in the 1980s for the U.S. and the U.K., other nations were...

Hurricane Irma highlights BVI’s need for reforms

After Hurricane Irma devastated the British Virgin Islands last September, more than 150 financial services workers and their families came to the Cayman Islands...

The birth of economic liberty in the Anglosphere

Many of the world’s wealthiest jurisdictions are part of the Anglosphere. But why? Is there something special about the United Kingdom that produces prosperity?...

CCCTB and the European Union’s three-pronged tax grab

The European Union is working on its latest attempts to squeeze more money out of multinational businesses for its bankrupt governments. The Common Consolidated Corporate...

OECD and EU target citizenship and residency-by-investment programs

The Organisation of Economic Cooperation and Development and the European Union have targeted citizenship-by-investment (CBI) and residency-by-investment (RBI) programs. Most Caribbean jurisdictions have either...
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OECD Watch

Late 2017 saw the release of the first peer review for the implementation of the BEPS Action 5 standard on the exchange of information...

The not so large tax gap

The world faces one of those unfathomable mysteries. Any number of charities, campaign fronts and political groupuscules adamantly insist that corporations and the rich...

On the question of morality in the debate on international taxation

In his article “International Tax Planning, Ethics and our New World” (Bulletin for International Taxation, 2018 (Volume 72), No. 2), Hans van den Hurk...

Julian Simon was right: A half-century of population growth, increasing prosperity, and falling...

Many people believe that global population growth leads to greater poverty and more famines, but evidence suggests otherwise. Between 1960 and 2016, the world’s...

Swedish exit tax edges closer to reality

As I explained in the first quarter issue of the Cayman Financial Review, the Swedish government is considering a new tax on the outbound...

South Africa’s suicidal quest to expropriate land without compensation

Earlier this year, the South African parliament adopted a motion to investigate a possible amendment of section 25 of the Constitution, which protects property...

The world is much better

Most of the news deals with disaster, tragedy, misery or sexual misbehavior - because that is what sells newspapers and attracts eyeballs or ears...

New Zealand faces interventionist policy agenda

The early pronouncements from the newly installed New Zealand government suggest that the country is in for a lengthy period of policy drift. Jacinda...