News about the Cayman Islands in the Foreign Press

Tuesday, April 20, 2004

Don’t blame the Cayman Islands

CHARLOTTE, USA – Charlotte Observer contributor Daniel Mitchell suggests that it would be a better idea if US politicians fixed the problems in the tax code, such as the fact that the IRS imposes a second layer of tax on companies trying to compete in global markets, instead of blaming the Cayman Islands for having better tax laws.

Big bucks in the Cayman Islands?

TARENTUM, USA – Valley News Dispatch contributor Barbara Daugherty asks why, if trafficking in drugs is so lucrative an endeavour, do all these people whose photos appear in newspapers and on television look like losers? Maybe they are sending the big bucks to the Cayman Islands, keeping it safe for when they have to flee the law.

Cayman Islands well down list of preferred jurisdictions

LONDON, England – According to the Daily Telegraph, City of London lawyers see Guernsey as second only to Jersey as a good jurisdiction in which to set up trusts for personal clients, according to a recently-published survey.  Bermuda and the Cayman Islands were well behind and the Isle of Man even further down the list of jurisdictions they preferred.

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