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New rules for tax reporting in virtual assets arena

New rules for tax reporting in virtual assets arena

Publish Date: 01 Dec 2025 08:12 PM


(CNS): Regulations to implement two international tax reporting frameworks in the Cayman Islands, the Crypto-Asset Reporting Framework (CARF) and amendments to the Common Reporting Standard (CRS), have been published in the Cayman Islands Legislation Gazette. The amended reporting standards build on existing tax transparency frameworks and seek to prevent the use of virtual assets for
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