Cayman Islands releases AEOI News & Updates

On 13 June 2019, the Cayman Islands Department for International Tax Cooperation (“DITC”) released an updated version of the Automatic Exchange of Information (“AEOI”) News & Updates circular: “AEOI News & Updates” to reflect the recent changes regarding the AEOI (Link).

The following sections have been updated:

  • AEOI Portal Accessibility
  • Foreign Account Tax Compliance Act (“FATCA”) IRS Error Notifications
  • Common Reporting Standard (“CRS”) Status Messages (errors)
  • CbCR Guidance

The following sections have been added:

  • AEOI Portal User Guide
  • Frequently Asked Questions
  • Industry advisories

The list of CRS reportable jurisdictions remains unchanged for this year.

Further information on the latest AEOI developments can be found on the Cayman Islands AEOI website (Link).

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