04/01/2025
“Alfred’s participation at this global event underscores our jurisdiction’s commitment and role in global efforts to combat financial crime,” CIIPA Chief Executive Officer Sheree Ebanks said.
03/31/2025
Douglas De Couto, the Shadow Minister of Finance, said the One Bermuda Alliance supported the legislation.
03/31/2025
Pillar Two seeks to establish a global minimum tax of 15% for multinational enterprise (“MNE”) groups with revenues of 750 million euros or more (“in-scope MNE Group”).
03/27/2025
Mr Todd said the Department of Inland Revenue has already begun training sessions ahead of the April 1 VAT reduction on uncooked and unprepared food items.
03/25/2025
The call for a change in the corporate tax code comes, they say, as the federal government takes a hatchet to grant and loan programs aimed toward the states and as the state’s budget writers plan for the next fiscal year.
03/24/2025
The SPF benefits from an advantageous tax regime as it is exempt from corporate taxation and solely subject to a 0.25 per cent subscription tax capped at 125,000 Euros per year.
03/18/2025
This initiative is not just about sponsorship but also about collaboration and active involvement in the students’ development of their leadership skills.
03/18/2025
When worried clients heard that, they came forward in droves.
03/17/2025
Founder of Saint James Hospital Group will now represent Malta at EY’s World Entrepreneur of the Year Awards in Monaco
03/17/2025
All 153 upper tier councils have now approved their council tax increases for 2025-26.
03/17/2025
He did not think it would greatly impact Bermuda, capital formation or talent attraction.
03/12/2025
Other countries chose to impose an extra-terrestrial tax which would have enabled it to collect taxes from other countries which did not join the global minimum tax system.
03/10/2025
The purpose of the Circular is to provide details on the issuance of residency certificates to UCIs.
03/06/2025
Requests for tax residency certificates for RAIFs are to be requested either by the RAIF itself or its depositary.
03/05/2025
The report echoed broader international criticism, including calls from UK parliamentarians for public registers of beneficial ownership in British Overseas Territories.
02/27/2025
Global Tax Update
02/24/2025
The idea of being in a bigger, modern space is motivating and the new office will bring possibilities for better workspaces and better technology. It’s an exciting time for everyone.
02/19/2025
Government revenue spending for 2025/26 is budgeted at £1.46 billion, representing £17,249 for every person on the Island.
02/19/2025
In so doing, it has apparently cleared up some concern regarding the availability of mechanisms for disputes and appeals to agency decisions.
02/18/2025
That’s money that we could be using to fill potholes, fund schools and hospitals, improve access to the police and ensure GPs are accessible.