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Cayman Islands in the Foriegn Press

Friday, July 28, 2006

UK negotiating tax treaty with the Cayman Islands

LONDON, England: Accountancy Age, July 26, 2006 - HM Revenue and Customs hopes to make progress on negotiations with the Cayman Islands, China, Germany, Hungary, Faroe Islands and Saudi Arabia; and also to progress negotiations with the Crown Dependencies and Overseas Territories on Tax Information Exchange Agreements (TIEAs).


Orlando Bloom's Cayman movie

TORONTO, Canada: Movies Online, July 26, 2006 - Frank E. Flowers' "Haven" starring Orlando Bloom is coming to theatres September 15th and we have an early look for you. When we spoke to Orlando Bloom about the film and why he did "Haven" his answer was, "It was a first time director.

It was the first movie he ever shot in the Cayman Islands by a young Caymanian guy, 23 years old. He wrote and directed it. It was a really great experience. I shot more in one day than I have in six months on 'Pirates.' Eight scenes a day, it was phenomenal and I just got to do it. And I want that. It gives a spontaneity that you can't get when you've spent six hours in your trailer and then you walk on set and you do three minutes. It's hard to have that spontaneity when you're doing a big movie."

Written and directed by native Caymanian Frank E. Flowers, and filmed entirely in the 100-square mile West Indies paradise, Haven is an edgy, suspenseful, viscerally gripping ensemble film in which unconnected lives intersect and ignite a violent chain of events that turns tranquility into chaos. In an instant, greed collides with innocence and passion goes up against those who forbid it, and all at once an idyllic tropical refuge becomes anything but safe.


International business sector provided significant growth for Cayman

BRIDGETOWN, Barbados: The Nation, July 26, 2006 - Growth in the international business sector, already quoted as providing 60 per cent of the country's taxes and employing some four thousand people, among them lawyers, accountants, auditors and other skilled personnel, seems the way to go.

This area certainly has the potential for significant growth similar to that experienced in other jurisdictions such as Bermuda, Cayman Islands, The Bahamas and the British Virgin Islands.

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