In this article we share our tips for reporting success for a Cayman Investment Entity Financial Institution (FI) and common pitfalls to watch out for based on our experience, plus what's coming next, including key deadlines.

Five top tips for success

Five common pitfalls to avoid

What's coming up on the calendar for 2018

The Cayman Department for International Tax Cooperation (DITC) recently advised industry participants of the following:

Reportable jurisdiction update

The below is the list of jurisdictions to be treated as Reportable Jurisdictions for the purposes of the Common Reporting Standard contained in Schedule 1 of those regulations. This notice supersedes the notice published by Extraordinary Gazette No. 49/2017 dated Wednesday, 14 June 2017.

Azerbaijan and Pakistan will be Reportable Jurisdictions for reports due in 2018 onwards and Kuwait has been removed as a Reportable Jurisdiction for reports due in 2018 onwards.

*For reports due in 2018 onwards in addition to the above please consult the flyer by clicking here.

*Updated 3 January 2018 Issued by: Tax Information Authority Department for International Tax Cooperation, Government Administration Building, Box 135
133 Elgin Avenue, Grand Cayman KY1- 9000, Cayman Islands | www.ditc.gov.ky

If you have any questions regarding the contents of this article don't hesitate to get in touch with your usual Intertrust relationship contact or one of our specialists listed below.

Intertrust NV published this content on 19 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 February 2018 10:45:03 UTC.

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