Cayman Islands releases AEOI News & Updates

On 30 July 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)
  • CRS Reportable Jurisdictions

New issues have been added to the following sections:

  • Frequently Asked Questions
  • Industry advisories

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

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