Difference between revisions of "Cayman Islands"
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(Created page with "{{nation state |wikipedia=https://en.wikipedia.org/wiki/Cayman_Islands |location=North Atlantic Ocean |map=Cayman Islands in United Kingdom.svg |logo=Flag of the Cayman Island...") |
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|map=Cayman Islands in United Kingdom.svg | |map=Cayman Islands in United Kingdom.svg | ||
|logo=Flag of the Cayman Islands.svg | |logo=Flag of the Cayman Islands.svg | ||
− | |constitutes=archipelago, British Overseas Territory | + | |constitutes=archipelago, British Overseas Territory , Tax haven |
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− | }}The '''Cayman Islands''' is a [[British Overseas Territory]] in the [[North Atlantic Ocean]]. | + | }}The '''Cayman Islands''' is a [[British Overseas Territory]] in the [[North Atlantic Ocean]]. It is one of the most well-known [[tax havens]] in the world. No corporate tax, no income tax, no property taxes, no capital gains taxes, no payroll taxes, and no withholding tax, etc. - making it an ideal place for multinational corporations to base subsidiary entities to shield some or all of their incomes from taxation.<ref>https://www.investopedia.com/ask/answers/100215/why-cayman-islands-considered-tax-haven.asp</ref> |
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+ | ==References== | ||
+ | {{reflist}} | ||
{{Stub}} | {{Stub}} |
Revision as of 21:37, 17 August 2020
Cayman Islands (Archipelago, British Overseas Territory, Tax haven) | |
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Location | North Atlantic Ocean |
Type | nation state |
The Cayman Islands is a British Overseas Territory in the North Atlantic Ocean. It is one of the most well-known tax havens in the world. No corporate tax, no income tax, no property taxes, no capital gains taxes, no payroll taxes, and no withholding tax, etc. - making it an ideal place for multinational corporations to base subsidiary entities to shield some or all of their incomes from taxation.[1]
Group
Group | Start | Description |
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Alibaba | 28 June 1999 | Biggest Asian Technology company |
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