News

Cayman Signs Tax Agreement With Italy

By: Caribbean Journal Staff - December 5, 2012

Above: the Cayman Islands Legislative Assembly (CJ Photo)

By the Caribbean Journal staff

The Cayman Islands and Italy signed a tax information exchange agreement on Monday.

“We are pleased to see this tax information exchange agreement come to fruition, and we note that Italy is in the final of the G7 countries to have a TIEA signed with the Cayman Islands,” he said.

Premier McKeeva Bush signed the pact on behalf of the Cayman Islands, while Italian Ambassador to the UK Alain Giorgio Maria Economides signed on behalf of Italy.

Bush said that, as fellow Global Forum and Peer Review Group members, the Cayman Islands and Italy “already have a working relationship.”

“I congratulate the officials from both our countries that negotiated it,” Economides said. “I particularly congratulate the Cayman Islands Government for reaching the very high standards set by the OECD.”

Italy is the 30th country with which Cayman has signed such an agreement.

“All of us who have signed these agreements are doing our duty to ensure that we have transparency and cooperation in taxation and international finance,” Economides said. “But that can also lead to cooperation in other matters, which is good for people and businesses in both our countries. This openness and trust can lead to more trade and tourism and harmony between peoples and countries.”

Popular Posts belize hotel mayan world

At the Falling Leaves Lodge in Belize, a Portal to the Maya World

SAN IGNACIO — There has been some form of settlement on this site for more than 3,000 years, here on a leafy hill above the town of San Ignacio, Belize. In other words, this is no ordinary hill. This is Cahal Pech, […]


In San Ignacio, Belize, The Art of Adventure (And Pupusas)

pupusas belize

The sizzle is calling you. In the early morning, corn tortillas stuffed with cheese and beans and meat sing a particularly strong siren song.  It could be that perfect blend of dough and heat, or the aroma. It might just […]


Delta Is Adding More Nonstop Curacao Flights, Citing “Booming Demand”  

the beach at the avila hotel in curacao

Curacao is hotter than ever, with a wave of new hotels and record-breaking tourism numbers. And just a few months after Delta made its long-awaited return to the island, the carrier is adding even more flights.  The reason? What Delta […]


Related Posts Panama Cayman Islands

New Cayman Islands-Panama Flights 

Cayman Airways is restarting its nonstop service between the Cayman Islands and Panama this summer.  The company will be relaunching the route between Grand Cayman and Panama City on June 26, according to the carrier.  The nonstop service will be […]


A New Way to Live in the Cayman Islands 

cayman kapok

By Joe Pike, Special Contributor to CJI It’s the newest project in the Cayman Islands: Kapok, a 10-level, 120,000-square-foot residential building with 89 units on floors No. 2 to 10 recently completed development in January. But it’s a new kind […]


The Cayman Islands Real Estate Market Is Leading the Caribbean

cayman islands real estate market

By Joe Pike, Special Contributor to CJI If you ask the folks at Provenance Properties Cayman Islands what the biggest takeaway from its most recent Cayman Islands real estate market report was, they would say it displays the resiliency and […]


SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You