Offshore investments: scope of Cayman tax broadened

Last summer the government announced to improve the effectiveness of the so-called Cayman tax, i.e. the rules on the transparent tax treatment of income obtained by offshore investment entities, through the amendment of the two royal decrees listing the targeted EEA and non-EEA entities. On 3 December 2018, the royal decree amending the royal decree … Continue reading Offshore investments: scope of Cayman tax broadened