A joint OECD/World Bank report urges a “whole-of-government” approach to combat tax evasion.

OECD Watch

A regional meeting for the Inclusive Framework on BEPS was held Nov. 7-9, 2018, in Yerevan, Armenia. Over 60 delegates from 16 countries attended,...

Puerto Rico – a quick guide to America’s own tax haven

When nations go broke, they’re forced to reengineer their thinking. Smarter governments realize that raising taxes doesn’t actually mean raising revenue. Instead it just scares...
Canada Flag

Canada: Economic trouble is brewing

Doug Porter, chief economist at BMO Financial Group weighed in on Canada’s investment woes. “The bottom line is there really is a need for...

Combating tax evasion in times of crisis in Greece

Greece is the European country that has been most in the spotlight after the breakout of the financial crisis in 2008. It was the...

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...

The fight of the EU against tax avoidance – beyond BEPS

With the European Parliament showcasing its commitment to combat tax havens as well as tax avoidance and the European Commission pursuing state aid infringement...

OECD-led tax reforms: A prescription for a less competitive economy

On 28 May, 2019, Paris-based international quango, the Organisation for Economic Cooperation and Development, or the OECD, has published the latest agreement between the...

KRyS Global

Boutique insolvency, fraud investigations and asset recovery firm KRyS Global expands into Europe with an office in Guernsey.  The firm also launches Ferret, a new product line of technology-based forensic and fraud investigations tools.   

 

Membership of OECD forums

Over the years, the OECD, a 34 member intergovernmental network that includes the U.S., the U.K., Europe, Australia, Canada, Japan, South Korea,  has designed...

Hedge Funds Care – Facts

Main Story: Hedge Funds Care Facts1998: Year of inception of Hedge Funds Care2005: Year of inception of Hedge Funds Care Cayman9: Number of Chapters worldwideUS$20m: the...

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.    

 

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...

Cayman’s tax transparency regime as it currently stands: A practical guide

The Cayman Islands are at the forefront of the global move towards tax transparency and cooperation in international tax matters. Since 2001, the Cayman...

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...
Cayman Financial Review Logo

OECD issues BEPS guidance

Additional guidance has continued to roll out from the Inclusive Framework on Base Erosion and Profit Shifting (BEPS). Guidance on the implementation of Country-by-Country...

The United Kingdom targets offshore tax evasion “enablers”

Offshore tax evasion has received substantial scrutiny in recent years. The United Kingdom’s 2016 Finance Act empowers U.K. regulators to sanction lawyers, accountants, and...

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...

Fiscal lessons: Ten years without the Swedish inheritance tax

Sweden might not have much to teach other countries about tax policy. The tax-to-GDP-ratio of 42.8 percent (2013) exceeds the OECD average by nearly...

Economic impact of US tax reform

On Dec. 22, 2017, the president signed into law major tax reform legislation. This legislation had been known as the Tax Cuts and Jobs...
- Advertisement -