News Alert: Cayman Islands removed from the European Union’s list of non-cooperative jurisdictions for tax purposes

The Cayman Islands government confirmed earlier this week that the jurisdiction had been removed from Annex 1 of the European Union’s (“EU”) list of non-cooperative jurisdictions for tax purposes (the “EU Blacklist”). This action by the EU recognises the continuing cooperation by the Cayman Islands in meeting international standards of good tax governance and confirms…