The Cayman Islands has appealed to Barack Obama to refrain from labelling the
jurisdiction a centre used in the facilitating of tax evasion.
In an open letter to the US president, the Cayman Islands Financial Services
Association rejected recent comments made by Obama which implied ‘that the
subsidiaries of US corporations operating in Cayman are engaging in tax fraud.’
Signatory of the letter, Anthony Travers, chairman of the association, said
‘nothing could be further from the truth’, and while the jurisdiction has a low
rate of tax, it operates legally and transparently.
The Cayman Islands is seeking greater co-operation between the US and
jurisdiction in demonstrating its efforts to promote transparency and
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said