Photo of the Remarkables mountain range in Queenstown, New Zealand.

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Pension law paves way for larger RSA withdrawal

Pension law paves way for larger RSA withdrawal

| 08/12/2016 | 3 Comments

(CNS Business): As the government begins the gradual implementation of its complex amendments to the pension law, officials said this week that the legislation paves the way for some members of pensions to transfer more money annually into Retirement Savings Arrangements accounts. From January there will be a minimum and maximum amount that a pensioner […]

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Money transfer businesses seek new partners

Money transfer businesses seek new partners

| 06/08/2015 | 0 Comments

(CNS Business): Almost three weeks after money transfer service Western Union was forced to close all eight locations in the Cayman Islands, company officials told CNS Business they are working diligently to restore all services as soon as possible. The leader in global payment services would not give details as to whether the company had found […]

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There’s no hiding from Uncle Sam

There’s no hiding from Uncle Sam

| 13/03/2015 | 2 Comments

(CNS Business): Even if you’re living in the Cayman Islands, the US tax authorities can come knocking on your door if you are not in compliance with the Foreign Account Tax Compliance Act (FATCA), US taxpayers residing in the Cayman Islands learned at a free seminar on Wednesday at the Caribbean Club. The free informational meeting, […]

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Seminar to help US tax payers

Seminar to help US tax payers

| 03/03/2015 | 0 Comments

(CNS Business): A free seminar designed to help US taxpayers residing in the Cayman Islands will be held on 11 March. This informational meeting called, “Navigating US Tax Requirements and Strategic Methods of Coming into Compliance”, will explain the most recent US tax filing and reporting requirements under FATCA, as well as how to report […]

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