Product Description
The Cayman Islands, a British Crown Colony, have no taxes whatsoever on income, profits, wealth or capital gains. The revenues of the Islands are derived from indirect taxes such as import duties and stamp duty. There never have been any taxes, so the absence of income tax is not an artificial absence created by legislation, but a natural one. Companies and trusts in the Cayman Islands enjoy the same tax-free status as individuals regardless of nationality of… More >>
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#1 by Anonymous on April 10, 2010 - 4:29 pm
It was very useful to finally have access to the current Cayman company and trust legislation. There are lots of summaries of the law available, but the full text of the actual statutes has not been generally available until this book. Now a tax planner can make his own decisions as to what is the best structure, and what legal options exist, and then ask a Cayman firm to implement the decision, instead of relying on high-priced advice from local firms, who often don’t convey all of the details that a tax planner prefers to read for himself.
Rating: 5 / 5