The Cayman Islands’ Department for International Tax Cooperation closed its AEOI portal on September 13. The portal was originally scheduled to be closed on August 31 in line with the Department’s deadline for AEOI reporting, but the Department kept the portal open until September 13 to accommodate late filers. The Department stated that it will reopen the portal to accommodate subsequent adjustments at some point in the future.
In addition, the Department also provided a statement indicating that it is working through a significant backlog of technical inquiries regarding the AEOI portal. The Department expects to be able to respond to inquiries in its current backlog by October 16. Inquiries sent in the interim will not be reviewed until after October 16.
The Department also stated that it will take under consideration the efforts made by financial institutions to complete their reporting obligations. Where a financial institution may have been unable to file timely and emailed the Department, the Department will take these factors into consideration.
