On August 30, 2021, the Cayman Department for International Tax Cooperation posted an Updates Bulletin with three key reminders:
- The deadline for submitting 2019 and 2020 CRS and FATCA reporting has passed. Those who have not completed reporting must do so as soon as possible. The DITC reminds filers that the deadline for submitting the CRS Compliance Form is September 15, 2021.
- The functionality to upload the CRS Compliance Form in bulk to the Portal is now live, as of August 25, 2021.
- Economic Substance Notification reminders.
Please see the Updates Bulletin for additional details at https://www.ditc.ky/wp-content/uploads/news-updates.pdf
Make sure to follow Comply Exchange for more industry updates and subscribe to the Comply Catch-up for a full industry round-up at the end of each month!