CAYMANS – No income tax in new Budget
23 June 2010
SFM Offshore
No new income or payroll taxes were introduced in the Cayman Islands’ 2010 Budget last week. Premier McKeeva Bush said extra taxation would “lose more business all around” and promised measures to “further develop the Cayman Islands as an international financial centre”, aiming especially at high net worth individuals in the Middle East and Hong Kong.
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