Managers of Wealth Offshore

‘No reason to panic yet’ on 91% deficit

Pointing out that the cyclical nature of the Government’s revenues makes it impossible to estimate the full-year Budget outcome on just a few months’ data

TMF Group expands its presence in Romania with Contexpert acquisition

The acquisition marks another milestone for TMF Group

Audit or independent examination?

This has inevitable implications for the costs of the work and therefore the fees charged to the charity.

Consultation on new Sark taxes approved

Proposals to change the rates of personal tax will be part of the consultation.

Bermuda gazettes Corporate Income Tax Act

The Government has introduced certain tax credits to support Bermuda’s economic goals and maintain the global attractiveness of the jurisdiction.

The UN’s new role in international tax cooperation

While it is not immediately obvious how the UN would be more adept at creating a new international tax framework, it appears inevitable that negotiations will shift to the global intergovernmental organisation.

Luxembourg: new VAT rules on directors' fees

To address these two core questions concerning the VAT Directive's interpretation, the CJEU provided the following reasoning.

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