Cayman Islands: Updated FATCA and CRS guidance

Cayman Islands: Updated FATCA and CRS guidance

The Department for International Tax Cooperation (DITC) of the Cayman Islands issued updates related to the FATCA and common reporting standard (CRS) regimes.

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The updates concern:

  • Submission of CRS reports on the DITC portal
  • FATCA reporting functionality for the 2019 reporting period on the DITC portal
  • FATCA XML returns for the 2020 reporting period
  • U.S. taxpayer identification numbers (TINs)
  • FATCA technical issues caused by errors
  • Accessing the DITC portal
  • Financial institutions that were not transferred to the DITC portal

Read a January 2021 report [PDF 76 KB] prepared by the KPMG member firm in the Cayman Islands

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