The Department for International Tax Cooperation has activated country-by-country reporting functionality on the Cayman Islands government’s DITC Portal, allowing large multinational groups with Cayman entities to file required tax transparency reports online.
The department said the new feature supports the Cayman Islands’ country-by-country reporting (CbCR) framework and follows an earlier directive that all multinational enterprise groups with Cayman Islands constituent entities re-register with the Tax Information Authority via the portal before filing. Re-registration was required by Nov. 30, 2025.
Under the regulations, an ultimate parent entity resident in the Cayman Islands must file a CbC report if its multinational group recorded consolidated revenue of US$850 million or more in the preceding fiscal year. A surrogate parent entity based in the Cayman Islands must file where the ultimate parent is not required to report in its home jurisdiction or where there is no automatic exchange agreement in place, the department said. Every Cayman-resident entity is required to determine whether it is part of such a group.
Reports must provide jurisdiction-level details including revenue from related and unrelated parties, profit or loss before tax, income tax paid and accrued, stated capital, accumulated earnings, number of employees and tangible assets (excluding cash and cash equivalents). Filers must also identify each constituent entity, its tax residence and place of organisation, and its main business activities. Reports must be submitted in line with the OECD XML Schema through the DITC Portal.
The standard filing deadline remains 12 months after the last day of the reporting fiscal year. However, to account for the transition from the legacy portal and the year-end holiday period, the department has granted an extension for 2024 fiscal year filings: groups with deadlines between July 31 and Dec. 31, 2025, now have until Feb. 27, 2026, to file.
Updated CbCR guidelines and resources are available on the DITC website, and the department said queries will be handled via its portal email address for users authorised by a reporting entity or multinational group as a primary, secondary or additional contact.
