On 29 March 2018, the Cayman Islands Department for International Tax Cooperation (DITC) announced the publication of:
- Country-by-Country Reporting Guidance;
- CbCR Notification Template (in CSV format);
- CbCR Authorisation Letter Template; and
- CbC XML Schema User Guide (Draft).
The Cayman Islands CbC reporting requirements apply for reporting fiscal years of MNE groups beginning on or after 1 January 2016 for resident ultimate and surrogate parent entities resident in the Cayman Islands …