Cayman signs Tax Information Agreement with France
On October 14, the Ministry of Financial Services announced that the Cayman Islands has signed a tax information agreement with France. The Ministry expressed its hope that this agreement would help attract French financial institutions and companies.
According to the Ministry’s press release, the new treaty was signed with Paris via an exchange of letters on October 5, 2009.
This is the 13th bilateral Tax Information Exchange Agreement (TIEA) signed by the Cayman Islands. The jurisdiction has bilateral TIEAs signed with Denmark, Faroe Islands, Finland, Greenland, Iceland, Ireland, Netherlands, New Zealand, Norway, Sweden, the UK and the US.