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).