Cayman Islands: CRS guidance; extended FATCA deadline (COVID-19)

Cayman Islands: CRS guidance; extended FATCA deadline

The Department for International Tax Cooperation (DITC) of the Cayman Islands announced updates to the FATCA and common reporting standard (CRS) regimes in response to the coronavirus (COVID-19) pandemic.

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The DITC:

  • Released a new CRS compliance form with a 2020 submission deadline of 31 December 2020.
  • Extended the FATCA reporting deadline for the 2019 reporting period to 16 November 2020.

However, the CRS reporting deadline for the 2019 reporting period remains unchanged at 18 September 2020.

Read an April 2020 report [PDF 71 KB] prepared by the KPMG member firm in the Cayman Islands

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