Archive for May 3rd, 2016
EU blacklist of tax havens coming within six months
(CNS Business): A European-wide blacklist of non-cooperative tax jurisdictions is definitely coming and will be announced within six months, according to EU officials. Member of European Parliament (MEP) Jeppe Kofod, who is part of the TAXE2 Committee that a delegation from Cayman recently appeared before, confirmed to CNS Business that an EU blacklist for non-cooperative […]
UN calls for greater global tax coherence
(CNS Business): Statistics released by the United Nations Conference on Trade and Development (UNCTAD) Tuesday revealed considerable volatility in foreign direct investment flows in 2015, with investment flows to offshore financial centres retreating from a high of $132 billion in 2013 to $75 billion, in line with previous years. But the report noted that there […]
First US cruise ship for fifty years docks in Havana
(CNS Business): More than 700 passengers on the first cruise in almost 50 years arrived in Havana Monday on a Carnival ship, which left Miami on Sunday. The Adonia, which is part of its Fathom cruise fleet, steamed into Cuba to be greeted by waving crowds. Although Americans still cannot legally visit Cuba as tourists, […]
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