Tag: stamp duty

Concessions renewed for builders and developers

Concessions renewed for builders and developers

| 04/12/2017 | 5 Comments
(CNS Business): The government will be continuing the flat 15% import duty rate on building materials imported to Grand Cayman for another year, officials have confirmed. The duty cut has been running for several years and Finance Minister Roy McTaggart claimed the concession was working and helping [...]

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Court calls stamp duty findings into question

Court calls stamp duty findings into question

| 01/06/2016 | 0 Comments
(CNS): Cayman’s finance ministry may need to review how it assesses stamp duty on property sales following a court ruling that where property is exchanged in an arm’s-length properly marketed transaction at a reasonable market rate, the government had no business re-assessing its value f [...]

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