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Category Archives: Cayman

Cayman NetNews on the Christian Aid report

16-May-08

Cayman NetNews has published another of its stunning editorials, this time in response to the Christian Aid report.
Please do read it in full: it’s well worth it. So much so I’m tempted to reproduce it in full, but I won’t, restricting myself instead to the part in which they note Cayman’s reaction to the challenge […]

Playing abusive make believe in Cayman

08-May-08

There’s a massive story running in the US right now about defence contractors who are avoiding their obligations to pay social security and Medicare costs for their staff based in the Middle East. Associated Press have a story in this theme this morning about a company called CSA that won a multi-billion dollar contract in […]

The offshore world - just a bunch of hired guns for sale

16-Apr-08

As if to carry on the theme of the blog below this, I was amused when at Fort Lauderdale to note the composition of the panel who gave an overview of the Cayman Islands.
It was made up of a lawyer called Jane Wareham, very obviously English public school educated and who has been in Cayman […]

Why Cayman must know it’s facilitating tax evasion

14-Apr-08

John Moscow, a US attorney with Baker Hostetler made an interesting point in the debate here in Florida this morning.
If all the offshore bank accounts reported by all US citizens on their tax returns were in Cayman that would still mean that only 2% of all bank accounts held by US citizens in the Cayman […]

Cayman telling the truth?

08-Apr-08

There’s an interesting article in Cayman NetNews entitled Everybody’s Business: Telling the truth about tax havens. In it the author says:

Let’s do it. Let’s tell the truth. It can’t hurt us any more than the rubbish our representatives have been peddling all these years.
Our current politicians can’t do it, because they don’t understand the truth […]

Cayman’s top police suspended - and London sends an anti corruption team to investigate

28-Mar-08

Cayman NetNews has reported that:

The Governor of the Cayman Islands, His Excellency Stuart Jack, CVO, today (Thursday, 27 March) announced that he has put three senior police officers on required leave to facilitate enquiries into allegations against officers of the Royal Cayman Islands Police Service (RCIPS).
Police Commissioner Stuart Kernohan, Deputy Commissioner Rudolph Dixon and Detective […]

The thinking man in Cayman

17-Mar-08

Andre Iton has written an incredible article for Cayman NetNews. Incredible because of what he says. Incredible because he has the courage to say it in such a place.
Having reviewed the role of Cayman in several recent news stories, such as that relating to Tesco’s tax, he says:

What has given the Tesco case resonance is […]

The rogue’s gallery

07-Feb-08

Tax-news.com has reported:

Jersey has been recommended as one of the top three global financial centres by leading advisers and wealth managers in research conducted by Citywealth, it was announced on Tuesday.
Featured alongside the Cayman Islands and Guernsey, Jersey has been identified in the top echelon in Citywealth’s annual ‘Leaders List 2008′ research.
The research involved numerous […]

More form Cayman NetNews: questions needing answers

17-Jan-08

More from Cayman NetNews, this time in response to the criticisms Obama is making of the place:

However, the question is what proactive campaigns - public relations and educational - are being put in place to counter this constant rhetoric in the US that might eventually lead to legislation adverse to the interests of the Cayman […]

Cayman NetNews: Recognising some of the reality of what it is to be a tax haven

17-Jan-08

Cayman NetNews has to be the best news outlet in any small island tax haven in the world. Amazingly, it has a frank and open approach to what happens in its community that involves a fair degree of self appraisal. This is not a trait I associate with many of its competitors in the tax […]

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