Cayman Islands publishes the CRS lists for participating jurisdictions and reportable jurisdictions for 2023
On 5 April 2023, the Cayman Islands Department for International Tax Cooperation (DITC) published the Common Reporting Standard (CRS) lists of participating jurisdictions and reportable jurisdictions.
The lists were published in the Official Gazette on 31 March 2023 and by way of update, Jordan, Montenegro, Uganda, Moldova, Thailand, and Ukraine are now reportable jurisdictions for the Cayman Islands.
The DITC also reminded the industry on the CRS and FATCA reporting deadlines for the 2022 calendar year:
- CRS and FATCA Notification (registration): 1 May 2023 (as the statutory deadline of 30 April 2023 falls on a Sunday)
- CRS and FATCA reporting (including any reportable accounts and/or CRS Filing Declarations): 31 July 2023
- CRS Compliance Form: 15 September 2023
The DITC’s press release can be found here.