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FATCA & CRS: Cayman Portal Closed

The Cayman Islands Department for International Tax Cooperation (DITC) announced Friday that its AEOI portal is offline to facilitate the transmission of CRS and FATCA returns to partner jurisdictions.

Users will be able to login and check on previously submitted returns to address errors and submit any outstanding returns when the portal is reopened on October 7, 2019 at 2:00 PM (EST).

The DITC notice indicates that the DITC updated the CRS Reportable Jurisdictions list. However, there are no new reportable jurisdictions as the DITC previously announced the inclusion of Ghana and Kuwait in the 2019 reporting (for the 2018 reportable year).

For more details, see the Cayman Islands Department for International Tax Cooperation notice: http://www.tia.gov.ky/pdf/AEOI_News_&_Updates.pdf.

For assistance, please contact me via my contact page or at elizabeth@elizabethmcmorrowlaw.com.

#CaymanIslands #FATCA #CRS #AEOI #Reporting

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