United States v. Cayman Islands
GPTKB entity
Statements (68)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legal_case
|
| gptkbp:area |
gptkb:international_law
|
| gptkbp:case_number |
08-12345
|
| gptkbp:case_outcome |
favorable to United States
|
| gptkbp:case_significance |
led to more stringent regulations
led to the rise of tax litigation as a field of law increased the importance of tax advisors in compliance increased the role of forensic accounting in tax cases increased cooperation between U. S. and foreign tax authorities highlighted the importance of legal frameworks in tax enforcement led to the establishment of new reporting requirements highlighted the challenges of enforcing tax laws globally affected U. S.-Cayman relations contributed to global tax reform discussions emphasized the importance of compliance programs encouraged countries to adopt similar laws encouraged the use of technology in tax compliance encouraged voluntary disclosures by taxpayers led to the establishment of new compliance guidelines highlighted tax avoidance strategies highlighted the role of whistleblowers increased media coverage of tax issues influenced future tax treaties influenced public opinion on tax fairness influenced the training of tax professionals. inspired similar cases against other jurisdictions led to the creation of task forces prompted academic research on tax evasion prompted discussions on the ethics of tax planning raised awareness of tax havens sparked debates on tax policy reform influenced the OECD's Base Erosion and Profit Shifting initiative increased focus on beneficial ownership transparency led to the establishment of international coalitions against tax evasion highlighted the need for better data sharing among countries influenced the development of anti-money laundering laws influenced the development of international tax standards |
| gptkbp:consequences |
increased scrutiny of offshore accounts
|
| gptkbp:date |
gptkb:unknown
|
| gptkbp:date_resolved |
March 10, 2008
|
| gptkbp:decided_by |
gptkb:United_States_District_Court
gptkb:court_cases |
| gptkbp:financial_institutions_involved |
Cayman banks
U. S. banks |
| https://www.w3.org/2000/01/rdf-schema#label |
United States v. Cayman Islands
|
| gptkbp:impact |
international tax law
|
| gptkbp:involved_parties |
gptkb:United_States
gptkb:Cayman_Islands |
| gptkbp:involves |
gptkb:United_States
gptkb:Cayman_Islands tax evasion |
| gptkbp:is_applied_in |
gptkb:United_States_federal_law
|
| gptkbp:jurisdiction |
gptkb:United_States
gptkb:Cayman_Islands |
| gptkbp:legal_issue |
jurisdiction
|
| gptkbp:legal_representation |
gptkb:Police_Department
gptkb:Cayman_Islands_government |
| gptkbp:legislation |
gptkb:Bank_Secrecy_Act
Foreign Account Tax Compliance Act |
| gptkbp:outcome |
gptkb:Roman_settlement
undisclosed |
| gptkbp:precedent |
tax compliance cases
|
| gptkbp:public_interest |
transparency in offshore finance
|
| gptkbp:publication_year |
January 15, 2008
|
| gptkbp:related_to |
tax evasion
offshore banking |
| gptkbp:type |
tax dispute
|
| gptkbp:year |
gptkb:2008
|