Stuarts Walker Hersant Humphries, a leading Cayman Islands law firm, is pleased to announce the admission of Adam Russell-Knee on his admission to the Grand Court of the Cayman Islands. (L to R) Hon. Margaret Ramsay-Hale (Judge), Adam...
Further to our last newsletter, the Department of International Tax Cooperation (“DITC”) issued a further advisory confirming a final extension of both the notification and the reporting deadlines in respect of US FATCA and UK FATCA to 2 September 2016.
The notifications and reporting by Reporting Financial Institutions are done through the Cayman Islands AEOI Portal (http://tia.gov.ky/).
Notification and returns submitted on or before Friday 2 September 2016 will not attract any adverse compliance consequences or enforcement measures. If you have yet to make a notification or reporting of returns this should be done out as soon as possible to avoid and/or minimise any potential enforcement measures.