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Turks and Caicos “Open for Business” After Melissa

turks and caicos

The Turks and Caicos Islands are once again fully open for business following the passage of Tropical Storm conditions from Hurricane Melissa. Experience Turks and Caicos, the destination’s exclusive tourism authority, confirmed that operations have resumed smoothly across all islands. Government officials issued an All-Clear notice, allowing for the full reopening of businesses, resorts, and […]

tax

Cayman, China Sign Tax Agreement

By the Caribbean Journal staff The Cayman Islands and China announced an agreement on the exchange of tax information, following a formal signing today. The agreement was signed by Cayman Premier McKeeva Bush and China’s Madame Song Lan, the State Administration of Taxation Deputy Commissioner and Vice Minister. “This is the 26th signed agreement for […]

tax

In Jamaica, an Energetic Tax Debate

Above: from left, Dr Peter Phillips and Minister Audley Shaw By the Caribbean Journal staff Jamaica’s cabinet decision to re-introduce a Special Consumption Tax on energy drinks in the country has led to a political row. The tax had reportedly been withdrawn by Minister of Finance Audley Shaw in the spring. Its re-introduction was announced […]

tax

USVI Gets Grant for Tax Collection

Above: Governor de Jongh (Photo: USVI) By the Caribbean Journal staff The US Department of Interior has awarded the US Virgin Islands a $1.1 million grant for improving tax collection in the country. The grant, which came from the department’s Office of Insular Affairs, will help the territory improve its tax services with new equipment, […]


In Jamaica, an Energetic Tax Debate

Above: Finance Minister Audley Shaw (JIS Photo) Jamaica is looking to instill a culture of tax compliance in the country, in response to what Finance Minister Audley Shaw called an “unacceptably low” level of tax payments. “There are people who willfully evade taxes, including a lot of businesses in downtown Kingston, and a lot of […]

Cayman to Regulate, Tax Hedge Funds

Premier McKeeva Bush By the Caribbean Journal staff Premier McKeeva Bush announced that Cayman’s government would tax and regulate hedge funds for the first time, with the announcement coming in his budget address. “The Government will introduce a single revenue measure during the course of the 2011/2012 fiscal year,” according to the text of his […]