Wednesday, August 8, 2012

Cayman Islands: Foreign worker tax scrapped

Cayman Islands Premier., McKeeva Bush. PHOTO/File

The Cayman Islands has scrapped plans to impose an income tax on foreign workers just two weeks after Premier McKeeva Bush, outlined plans for what he described as a “Community Enhancement Fee” to be charged at 10 percent of the remuneration paid to foreign work permit holders.

(More: Cayman Islands Premier McKeeva Bush facing backlash over foreign worker tax)

Following discussions with local business leaders, Bush said on Monday

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