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May 2013

Appointment of Non-Executive Director to Cayman National

Appointment of Non-Executive Director to Cayman National

28.05.13

The Cayman National Group are pleased to announce the appointment of Ken Watterson as a non-executive director to the boards of both Cayman National Bank and Trust Company (Isle of Man) Limited and Cayman National Fund Services (Isle of Man) Limited.

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Cayman National Representative at EBACE, Geneva

10.05.13

THE EUROPEAN BUSINESS AVIATION CONVENTION & EXHIBITION (EBACE2013)
EVENT to be held between 21st and 23rd May, Geneva, Switzerland

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Isle of Man Tax Agreement with Singapore comes into force

03.05.13

The Isle of Man's Double Taxation Agreement with the Republic of Singapore came into force on 2nd May, 2013.

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Developments in International Taxation welcomed by Isle of Man

01.05.13

The Isle of Man Government has given an update on a number of taxation and regulatory matters in the light of international developments which are progressing ahead of the forthcoming G8 Summit. The UK Prime Minister David Cameron will be hosting this year's meeting of world leaders on 17 and 18 June which will be held in Northern Ireland.

Among the topics expected to be on the Summit agenda is the initiative announced by the United Kingdom, France, Germany, Italy and Spain on 9 April 2013 for developing and piloting a form of multilateral tax information exchange based on the model FATCA intergovernmental agreement which they developed with the USA. Further European Union member countries have said that they will join the pilot.

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April 2013

The Isle of Man adds Monaco and Switzerland for yacht ownership

22.04.13

Legislation changes have been approved by the Isle of Man Government allowing the Isle of Man Ship Registry to register vessels with ownership structures in Monaco or Switzerland

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Isle of Man signs Tax Agreement with Argentina

18.04.13

The Isle of Man Government signed a Tax Information Exchange Agreement (TIEA) with Argentina during a ceremony held in London on 14 December 2012. .

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Cayman National Presence at the Baltic Business Aviation Summit

11.04.13

Cayman National was proud to be one of the sponsors for the event which was held on 11th April 2013, at Tallinn Airport in Estonia. It was attended by Graham Sowrey, Senior Aviation and Yaching Officer, and Anita Gould-Davies , Business Development Manager from the Cayman National office.



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Isle of Man Signs Double Taxation Agreement with Luxembourg

08.04.13

On the 8th April, 2013, the Isle of Man Government signed a comprehensive DTA with Luxembourg.

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March 2013

Isle of Man Continues To Support Diversification Strategy

28.03.13

The Department of Economic Development has outlined Government's strategy to further develop and diversify the Isle of Man's economy over the coming year. Details of the Department's key objectives and priorities have been published in a new 17 page document entitled 'Discover the Agenda for Change in Our Economy'.

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Ambitious plans for 'intellectual property' in the Isle of Man

20.03.13

The Isle of Man Department of Economic Development has brought forward the first item in an ambitious programme of intellectual property legislation to Tynwald.

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February 2013

The Isle of Man Disclosure Facility

28.02.13

H M Revenue and Customs(HMRC) recently agreed on a landmark agreement with the Isle of Man Government referred to as the 'Isle of Man disclosure facility' (IOMDF) designed to identify persons with undisclosed UK tax liabilities.

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Isle of Man Personal allowances and thresholds remain unchanged

21.02.13

Treasury Minister, Eddie Teare MHK, has revealed that there were no plans to change the current personal allowances and thresholds. This move was also extended to the maximum income tax liability, the 'annual tax cap' which is to remain at £120,000 for the tax year 2013/14.

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