Cayman Islands:
Cayman FATCA Notification & Reporting Deadlines Extended To September 2016
11 August 2016
by
Tim Clipstone
,
Christopher Capewell
,
Tim Dawson
,
Tim Frawley
,
Patrick Head
,
Martin Livingston
,
Alasdair Robertson
,
Tahir Jawed
,
Andrew Quinn
,
Richard Grasby
,
Harjit Kaur
and
Michael Gagie
Maples Group
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Further to our previous
update in relation to the deadlines for both notification
and reporting by Reporting Financial Institutions
("Reporting FIs") through the Cayman
Islands AEOI Portal (the "Portal"), the
Department of International Tax Cooperation has issued an advisory
confirming a further extension of both the notification and the
reporting deadlines in respect of US FATCA and UK FATCA (also known
as CDOT) to Friday, 2 September 2016.
Reporting FIs are advised to leave sufficient time to complete
their notification and reporting before Friday, 2 September 2016,
particularly if they opt to conduct their notification and
reporting concurrently.
For further information in relation to the use of the Portal and
Reporting FIs' obligations on notification and reporting,
please visit our dedicated
FATCA and CRS webpage.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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