The Cayman Islands Tax Neutrality Explained is a one-page flyer explaining how the Cayman Islands is a tax neutral hub that efficiently supports global economic growth and recovery. Additionally, it highlights how Cayman’s Tax Neutral policy automatically alleviates double taxation by allocating all of the taxing rights to the other country which is free to impose its domestic tax policy on the cross-border transactions with Cayman as it sees fit, without the need for a tax treaty.

Cayman Islands Tax Neutrality Overview demonstrates how Cayman’s Tax Neutral policy is supported by United Nations and OECD Model Conventions. While the OECD Model Tax Convention on Income and Capital gives guidance on the use of Double Taxation Treaties to address the burden of double taxation on cross border economic activities, it also recognises alternative tax policy models for addressing (i) double taxation, (ii) tax conflict mediation, and (iii) tax information sharing to protect against tax evasion and aggressive tax avoidance.