While some of the reactions to the Cayman Islands’ introduction of The International Tax Co-operation (Economic Substance) Law, 2018 (Substance Law) have been less than positive, the reality is that the Substance Law is a set of rules that fairly elegantly address OECD requirements for geographically mobile activities to have economic substance ...
In line with the national push for a more structured approach to increasing local content and participation, the Regulations came into force on December 22, 2017 ...