0
How does the Cayman Islands government make money if it is a tax haven?
Wiki User
∙ 11y ago
The government only taxes companies doing business in the Cayman Islands. So, they tax the banks and other financial institutions that operate on the Island.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is the currency used in the cayman islands?
The Cayman Island has it's own currency. But the US dollar is also accepted in most shops and stores.
Can cayman islands money be spent in the US?
No. You'll need to convert your Cayman currency into USD, however, US Dollars can be spent in Cayman.
What does cayman island export?
money
Is there a money mart in grand cayman?
No
Why are the Cayman islands a good place to stash money in accounts?
There is no direct taxation so they have developed into a thriving offshore financial center.
How much money did Safe Haven gross worldwide?
Safe Haven grossed $93,943,623 worldwide.
How much money did Safe Haven gross domestically?
Safe Haven grossed $71,399,120 in the domestic market.
Who wants to help give money?
My name is Dilishiya. I haven`t money get green card lottery.
Why are cayman island banks attractive to businesses and wealthy Americans?
There is no direct taxation so they have developed into a thriving offshore financial center.
Why was pennsylvaina founded?
To make money, & to provide the Quakers a haven in American colonys.
What is the official money in the US Virgin Islands?
U.S. money
How much money does a Cayman S Porsche cost?
In the UK a new Porsche Cayman Coupe 3.4 S 2dr will set you back
