The Cayman Islands is Removed from the EU’s Annex 1 List of Non-Cooperative Jurisdictions for Tax Purposes

Today the European Union (EU) confirmed Cayman’s removal from the EU list of non-cooperative jurisdictions for tax purposes, following its adoption of changes to its regulatory framework to address EU economic substance requirements by introducing the requirement for registration and thus regulatory oversight of investment funds operating in or from the Cayman Islands.

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