07/13/2021

G20 endorses tax reform deal

In a communiqué, the G20 finance ministers urged “all members of the OECD Inclusive Framework that have not yet joined the agreement to do so”.

07/13/2021

Fear over unified tax threat to Bermuda

Mr Richards said that in the past, Bermuda was criticised by either the US or European countries. This time, it appears to be a unified threat from both.

07/11/2021

Captive domiciles join OECD tax reform plan

The plan was adopted by several leading captive domiciles, including the Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Gibraltar, Guernsey, Hong Kong, Jersey, Luxembourg and the US.

07/07/2021

Tax agency launches probes into offshore tax evasion

The agency said it is looking into people who opened secret offshore accounts to conceal illegally earned money, and companies which evaded taxes by using fintech and other online trading platforms.

07/06/2021

Bermuda joins OECD global taxation plan

Now, the country’s leaders say they have “recognised the need to join with other members of the Inclusive Framework to reach this position supported by a significant majority of the membership.

07/01/2021

Offshore tax and secrecy perks fading in St Lucia

International tax consultant Allison Peart says, however, that the tax rate alone should not be the determining factor in the decision by Jamaican companies registered in the eastern Caribbean country on whether to call it quits or remain domiciled there.