New Report: Cayman Islands Enhances Global Innovation and Economic Development Without Tax Harm
Retrieved on:
Wednesday, October 13, 2021
Banking, Accounting, Professional Services, Finance, Lists of countries and territories, BEPS, UNCTAD, Publication, Finance, Télé-Québec, OECD, CRS, Adoption, Review, Common, Common Reporting Standard, International, IMF, Director of National Parks, FATF, CEO, Cayman Islands, Compliance, Research, Tax, OECD Guidelines for Multinational Enterprises, Renewable energy, Financial services, Security (finance)
This new report has been commissioned by Cayman Finance to help clarify how the Cayman Islands has successfully combined all of these attributes with others that make it unique to international investors, to help drive the international economy and facilitate global economic growth.
Key Points:
- This new report has been commissioned by Cayman Finance to help clarify how the Cayman Islands has successfully combined all of these attributes with others that make it unique to international investors, to help drive the international economy and facilitate global economic growth.
- This report documents how the Cayman Islands pure tax neutrality and commitment to good governance enable investors to pool capital securely and transparently and pursue investment opportunities that drive economic growth, create jobs and generate tax revenue in countries around the world, said Jude Scott, the CEO of Cayman Finance.
- Key findings include:
CIVs and MNEs choose to domicile entities in Cayman rather than in other jurisdictions because Cayman offers pure tax neutrality at minimal cost in a well-regulated legal environment. - A Cayman: Engine of Growth and Good Governance was authored by leading economist Julian Morris and is available, along with other Cayman Finance reports, at www.caymanfinance.ky .