Cayman Islands
A photo shows the facade of a vandalized office of the French Socialist party in the fifth district in Paris on April 5, 2013. These degradations occur as French President Francois Hollande faces rising pressure over a disgraced ex-minister's secret foreign bank account, as it emerged that his one-time campaign treasurer was a partner in companies registered in the Cayman Islands.
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Quotes
Great Britain has many money laundering centers and tax havens in its immediate legal remit -- the Channel Islands Gibraltar, the Cayman Islands, Virgin Islands. These are all hot spots for tax evasion and money laundering
any step to close the money laundering in all the islands like Cayman Islands, Virgin Islands or ... in Delaware
I do not recall being aware of any particular Citigroup subsidiaries located in the Cayman Islands.More quotes »
Around the web
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Ousted premier seeks return to power in Cayman
government was likely for the three-island territory of about 56,000 people. There are no reliable political polls in the Cayman Islands, which is the world's sixth largest financial center and a major haven for mutual funds and private equity. Results were 5/22/13 from FindLaw: AP Professional News Read more »
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Cayman Islands voters go to the polls
for the six available seats. There is no history of consistent scientific opinion polls in the lead up to elections in the Cayman Islands, and unscientific polls by the various media houses indicate there is a chance of no party securing an outright majority, 5/22/13 from Caribbean360 Read more »
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Google, Yahoo, Cisco under scrutiny after Apple tax avoidance hearing
funds in Mauritius and Switzerland, as well as operating an Irish subsidiary that is claimed to be a tax resident of the Cayman Islands. Cisco is alleged to have shifted half of its global profits to a unit in Switzerland, also avoiding billions in taxes. 5/22/13 from Electronista Read more »
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Apple to argue for tax reform, defend tax practices
on Tuesday before the Senate Permanent Subcommittee on Investigations, Apple denied it employed “tax gimmicks” like using Cayman Islands bank accounts or shifting intellectual property abroad. It also said the existence of its subsidiary “AOI” in Ireland - from SCMP Read more »
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Tingyi posts 47.4% drop in Q1 net profit
(Cayman Islands) Holding Corp, a Chinese producer of drinks and instant noodles, yesterday said its first-quarter net profit fell 47.4 percent from a year earlier as promotion spending rose and sales of instant food slowed. Tingyi, whose Master Kong brand from Shanghai Daily Read more »
