Entrepreneurial transfer pricing – embracing the arm’s length principle

By publicizing exaggerated tax gap estimates and demonizing tax avoidance schemes based on allegedly abusive transfer pricing schemes, governments and advocates of big-government are...

Innovation and patent boxes are unsound tax policy

Innovation boxes are not sound tax policy and are difficult to construct properly. Nevertheless, these schemes to offer preferential tax rates to certain types...

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...

How tax gap estimates are abused to promote tax-grabbing agenda

In the context of Action Point 11 of the BEPS Project, the macroeconomic effects of BEPS were reviewed. In its final report on Action...

Asserting Cayman’s position in Alternative Investments beyond funds

Changing market dynamic s, increased investor awareness – particularly in emerging markets – and the global connectivity of today’s financial community are redefining investment opti ons well beyond the commonly held assets of stocks, bonds or fixed income products.    

 

U.S. anti-inversion regulations badly miss target

According to the simple Civics 101 view of American government, laws are passed by the legislative branch, interpreted by the judicial branch, and enforced...

Brexit and Trump – a reboot for global tax policy?

What do the electoral shake-ups of 2016 mean for Cayman and other offshore centers? With Trump now inaugurated and in command of the White House,...

How the OECD is promoting more identity theft, crime, industrial espionage and suppression of...

Tax treaties are usually positive or benign. The protocol amending the multilateral Convention on Mutual Administrative Assistance in Tax Matters, currently being considered for...

The two behind-the-scenes fights over America’s status as a tax haven

Two very important international tax battles are taking place in Washington, largely behind closed doors. The lack of attention is surprising since the outcome...

Cayman National Corporation profile

Based in the Cayman Islands; providing full business and personal banking services, trust and corporate services, fund administration, wealth management, and insurance brokerage from its headquarters in the Cayman Islands and from Isle of Man and with representative offices in Dubai and Panama.

 

What is tax avoidance?

There seems to be a fair amount of confusion in the public discourse between the idea of tax avoidance and that of tax evasion....
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The rotten smell of the European tax agenda for 2019

With European economies in a slump and the discussion about the Brexit dominating headlines, taxation was not among the hot issue during the last...

Will proposed tax changes make the Netherlands a less attractive tax haven?

On Oct. 17, 2017 our article for the Cayman Financial Review on the use of the Netherlands as a tax haven was published. Among...
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OECD not up to fighting modern trade challenges

The global trade system is under assault thanks in large part due to the election of Donald Trump as U.S. president. His pledge to...

Mistreated? Tax treaties and ActionAid

ActionAid, a NGO that works on development issues, has just issued Mistreated, a report condemning tax treaties’ impact on developing countries’ tax collection efforts....

FORM PF Compilation

See our Profiles in the CFR eversion In conjunction with the recent amendments to the Investment Advisers Act of 1940, investment advisers who are registered...
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The EU Commission’s tax policy shift

On March 7, 2018, European Union Tax Commissioner Pierre Moscovici remarked, that the EU Commission – the governing body of the European Union –...

Effort to repeal FATCA gains steam

When the United States passed the Foreign Account Tax Compliance Act (FATCA) in 2010, it precipitated a shift in global tax enforcement. Enforcement efforts...
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The OECD position on digital taxation fuels the global corporate tax push

In my previous contribution to the Cayman Financial Review, I discussed the European tax agenda for 2019, focusing on the EU initiatives in respect...

Growing pensions pain: Bad policies of the past, bad politics of the present

A recent report from the World Economic Forum highlighted a significant, and frequently overlooked, problem building up in the global economy. In its May...
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