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...

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....

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...

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...
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OECD Watch

The Inclusive Framework on BEPS announced agreement to continue working towards a new long-term solution by 2020 to tax challenges arising from digitalisation. A...

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.

 

OECD Watch

The Organisation for Economic Cooperation and Development (OECD) has gradually carved for itself a central role in global tax matters over the last two...

What the taxman sees

That turmoil will be occurring in a world where there is already significant upheaval on the horizon from the OECD’s Base Erosion and Profit...

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...

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...
Tax

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...

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...

May, you live in interesting times

Theresa May’s gamble of calling an unnecessary early election failed. Instead of increasing her parliamentary majority, she saw it collapse. As I write this, her...

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...

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...
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