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  4. Country-by-Country Reporting update for Cayman Islands

Country-by-Country Reporting update for Cayman Islands

29 Dec 2020
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The Cayman Islands’ Department for International Tax Cooperation (DITC) has advised that the Country-by-Country Reporting (CbCR) Guidance has been amended and version 2.0 of the CbCR XML Schema has been released,here.

The CbCR portal will re-open on 5 January 2021 (after being offline since 25 March 2020) and the new deadline for submitting notifications and reports for entities is 28 February 2021.

Specific details can be found here.

Authors
Carolynn Vivian
Partner | Governance Risk & Compliance | Cayman Islands