The Cayman Islands and the Netherlands have signed an agreement to exchange tax information in the format recommended by the OECD at a ceremony held at the Netherlands’ Ministry of Finance in The Hague.
Speaking at the signing of the agreement with the Netherlands, Cayman’s Leader of Government Business, McKeeva Bush said: 'The Cayman Islands have repeatedly reassured the rest of the world that we provide no safe harbour to those who are involved in any unlawful activities, be it tax evasion, money laundering or any form of trans–national criminal activity. We pride ourselves as a major international financial service centre that guarantees high standards of services underpinned by internationally recognised and accepted levels of regulation.'
Cayman now has bilateral tax information exchange agreements with eleven countries: Ireland, the US, UK, Denmark, Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden as well as the Netherlands.
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