Appleby welcomes the EU’s recognition of Cayman as a jurisdiction that operates to the highest international standards.  We join Cayman Finance in its statement that, “the EU’s recognition of the Cayman Islands as cooperative on both transparency and fair taxation is an important validation of Cayman’s commitment to a responsible policy of tax neutrality that poses no harm to other countries.  The EU now joins many other respected international entities like the OECD in identifying the Cayman Islands as a transparent jurisdiction without harmful tax regimes. We greatly appreciate the Cayman Islands Government’s cooperation and working relationship with the EU over many years that helped produce this outcome.

If you have any queries about this change, please do not hesitate to get in touch with your usual Appleby contact.

More News
14 Oct 2020 | News

Sally Penrose and Jennifer Parsons speak on Regulatory webinar panel to New York State Bar Association members

The New York State Bar Association is hosting a virtual webinar entitled ‘Bermuda and Cayman Islan...

Contributors: Jennifer Parsons
1 Oct 2020 | News

Offshore Business Update

This is an update for our clients on how the authorities in our core jurisdictions are responding to...

25 Sep 2020 | News

Appleby advises Chi Kan Holdings Limited on its HKD 130 million listing on the Main Board of the Hong Kong Stock Exchange

Appleby acted as Cayman counsel to Chi Kan Holdings Limited in relation to its listing on the Main B...

Contributors: Minnie Choi
23 Sep 2020 | News

Appleby shortlisted ‘Offshore Firm of the Year’ by The Lawyer

Leading offshore firm Appleby has been shortlisted in The Lawyer Awards 2020, ‘Offshore Firm of th...

28 Jul 2020 | News

Tax Information Authority publishes ES Guidance Notes Version 3.0

On 13 July 2020, the Cayman Islands Tax Information Authority issued long-awaited version 3.0 of its...

14 Jul 2020 | News

Appleby Receives High Rankings in Chambers’ Annual High Net Worth Guide

Lawyers from Appleby’s Bermuda, Cayman Islands and Jersey Private Client & Trusts practices ha...

8 Jul 2020 | News

Amendment to the Cayman Islands Private Funds Law

The seriousness with which the Cayman Islands continues to meet and exceed international standards i...

8 Jul 2020 | News

Appleby releases Offshore Data Protection Guide

Leading offshore law firm Appleby announces today it has launched an Offshore Data Protection Guide ...

6 Jul 2020 | News

Appleby Global Services announce new leadership team

Appleby Global Services (AGS) a global fiduciary services provider which was launched by offshore la...