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Cayman Islands

16 July 2019

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Cayman Islands Publishes AEOI News & Updates Including for the CbCR Portal

The Cayman Islands Department for International Tax Cooperation has published AEOI News & Updates, dated 2 July 2019, which includes updates regarding the AEOI Portal, FATCA, CRS, and the CbCR Portal. The update regarding the CbCR Portal includes the following:

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The Cayman Islands CbCR Portal is open for Notification and Reporting submissions.

Please note the following deadlines:

Notification – The deadline for a Constituent Entity (CE) to make its CbCR notification is no later than the last day of the reporting fiscal year. Please note that CbCR notification is a one-off process and should not be repeated annually. Any changes to existing notifications must be advised to the Authority by uploading a revised CE File and Authorisation Letter via the CbCR Portal by the end of the fiscal year during which they occur.

Reporting – The deadline for Reporting Entities to make their CbC Report is within 12 months of the end of their reporting fiscal year i.e. year end 31 December 2019 reporting due by 31 December 2020.

The following web links provide access to the Cayman Islands CbCR Portal:

Both Part 1 and 2 of the Notification process must be successfully submitted for the Notification to be complete.

If you have any further questions, please email the CbCR Team on: CaymanCbCRportal@gov.ky.

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