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

Tag: IRS

Cayman-US couple fight tax exchange decision

Cayman-US couple fight tax exchange decision

| 09/09/2015 | 8 Comments

(CNS Business): US taxpayers and Caymanian status holders Lee and Sheila Aronfeld are seeking a judicial review of a decision by the Cayman Islands Tax Information Authority (CITIA) to give their information to the IRS in the United States in connection with a criminal tax probe. Shareholders in three Cayman registered exempted companies, the Aronfelds claim […]

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Cayman AEOI Portal now live

Cayman AEOI Portal now live

| 23/03/2015 | 0 Comments

(CNS Business): On Friday 20 March at 4:15pm the Cayman Islands officially opened the doors to the Automatic Exchange of Information (AEOI) Portal to report tax information to other jurisdictions. The Financial Services Ministry has announced the AEOI Portal is now available for financial institutions to register and report customer data to the Tax Information Authority […]

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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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IRS warns IFIs of FATCA scams

IRS warns IFIs of FATCA scams

| 26/09/2014 | 0 Comments

(CNS Business): The Internal Revenue Service today issued a fraud alert for international financial institutions complying with the Foreign Account Tax Compliance Act (FATCA). Scam artists posing as the IRS have fraudulently solicited financial institutions seeking account holder identity and financial account information. The IRS said it does not require financial institutions to provide specific […]

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