Managers of Wealth Offshore

Cayman shuns minimum tax, grows reinsurance

This allows reinsurers to adopt bespoke capital models that are more proportionate to their specific business, while still meeting minimum capital requirements.”

Pamphlet promoting Bermuda in Middle East costs $60,000

The cost for the publication is allocated for under the Economic Development Department’s budget.

Hayward: more tax cuts possible

Mr Hayward said that economic expansion was a direct result of increased household and government expenditure, along with business investment.

Bermuda Parliament passes corporate income tax

The tax is being introduced after the OECD agreed to impose a global 15% minimum tax

BDO Jersey and C5 Alliance win at WealthBriefing Channel Islands Awards 2023

This proximity is core to our service delivery, enabling us to deliver a unique partnership approach and value-add service that our clients have come to value and benefit from.

Corporate income tax given green light by senators

“We believe the right policy would be for the Government to ring-fence these proceeds in law.”

MPs to debate corporate income tax today

Bermuda continues to be recognized for its commitment to global compliance and transparency

Corporation tax to be debated by MPs

The corporate income tax will be a covered tax under the OECD’s GMT eligibility rules

Here’s why Switzerland may not go for a minimum corporate tax rate

The tax rate was expected to be around 15% at the time.

St Kitts and Nevis: December VAT discounted days return

This offer is exclusively applicable to tangible items that can be immediately issued or delivered during the Discounted VAT Rate Days.

Succession planning and wealth preservation in uncertain times

But many of their concerns, including the wish to protect those assets from claims by creditors on bankruptcy and former spouses on divorce, are universal.

Need for quick action on tax rules for environmental schemes

This follows an acknowledgment in the November Autumn Statement that responses to the consultation were being reviewed and that a further update was intended in Spring 2024.

Gozo 2% stamp duty tax scheme ending soon

It will end on December 31

Wealthy Spaniards “fleeing” to Portugal

It was on November 7th that the Spanish Constitutional Court gave the “green light” to the tax on large fortunes, which is levied on assets exceeding three million euros, with exemption for the first 700 thousand euros.

Insurers need to consider impact of proposed CIT regime on regulatory capital, says PwC

They should also consider the impact of the proposed CIT regime on insurers’ regulatory capital requirements and the effect on mergers and acquisitions and other transactions.

Mazars and FORVIS to form unique new top 10 global network

The network will operate under a single brand worldwide, Forvis Mazars

Draft Bermuda corporation tax bill made public

Concurrently, Bermuda’s Tax Reform Commission was formally announced on Friday to review and draft proposals to adjust existing taxes to lower the cost of living and working in Bermuda.

‘Demand for outsourced payroll services on the increase’

Farming out one’s payroll function makes sense

Tax cap on super wealthy won't be removed

An argument was also made that removing the tax cap would put high value individuals off moving to the island.

Apex Group enters Portuguese market with acquisition

Watermark will become a part of Apex Group’s existing global Corporate Solutions business.