Tax

Cayman Finance Statement on G7 Global Minimum Tax Announcement

Cayman Finance issued the following statement by CEO Jude Scott following the announcement by G7 Finance Ministers that they have reached agreement on a global minimum corporate tax rate: “The Cayman Islands is a tax neutral jurisdiction and our financial services industry is the world’s leader in international investment funds, which are internationally recognised as …

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Cayman Islands Government Statement on G7 Global Tax Rate Announcement

The Cayman Islands Government is aware of the G7 announcement on 5 June 2021 regarding a global minimum corporate tax rate. The G7 announcement, which would predominately affect multinational enterprises, aligns with the Cayman Islands’ overall position that taxes should be paid where they are rightfully owed. While the Cayman Islands’ primary business is investment …

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KPMG announces six new Partners in promotions

KPMG in the Cayman Islands has announced six new Partner promotions. Joining the firm’s partnership are Cathy Houts (Tax), Jeffrey Stower (Restructuring), Ben Blair, Claire Griffin, Hellen Chemeli, and Rennie Khan (all Audit, Asset Management). Cathy is an experienced leader within KPMG’s Tax function, leading the Firm through the continually evolving tax environment since joining …

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