Thursday, August 2, 2012

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

Cayman Islands Premier., McKeeva Bush. PHOTO/File

Premier McKeeva Bush has raised the ire of thousands of expatriates and Caymanians alike over his move to close budget gaps by introducing a new tax aimed at foreign workers.

Bush outlined plans last week for what he referred to as a “Community Enhancement Fee” to be charged at 10 percent of the remuneration paid to foreign work permit holders in the Cayman Islands in respect of remuneration levels that exceed $20,000 (US$24,000) per

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