Managers of Wealth Offshore

Cabinet Shifts Land Tax Management to Belize Tax Services for Greater Efficiency

The process will be implemented gradually, with a phased transition period of 12 months.

MPs approve penalties for corporate income tax

Douglas De Couto, the Shadow Minister of Finance, said the One Bermuda Alliance supported the legislation.

The Domestic Minimum Top-Up Tax Act

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”).

Tax authority ‘determined’ on Business Licence delay

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.

Group behind ‘millionaire’s tax’ calls for tax on ‘billionaire’ corporations

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.

Modernisation of the SPF tax regime: what you need to know

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.

KPMG Collaborates with Jersey College for Girls to Enhance Female Leadership Programme

This initiative is not just about sponsorship but also about collaboration and active involvement in the students’ development of their leadership skills.

Taxpayers Come Clean

When worried clients heard that, they came forward in droves.

Josie Muscat wins title of ‘EY Entrepreneur of the Year’ for Malta

Founder of Saint James Hospital Group will now represent Malta at EY’s World Entrepreneur of the Year Awards in Monaco

Few households avoid third year of maximum council tax hikes as plans approved

All 153 upper tier councils have now approved their council tax increases for 2025-26.

Brian Duperreault on corporate income tax

He did not think it would greatly impact Bermuda, capital formation or talent attraction.

Bermuda corporation tax implementation making strong progress

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.

Luxembourg Replaces Tax Treaty Benefits And UCI Residency Certificates Circular

The purpose of the Circular is to provide details on the issuance of residency certificates to UCIs.

Luxembourg Replaces Tax Treaty Benefits and UCI Residency Certificates Circular

Requests for tax residency certificates for RAIFs are to be requested either by the RAIF itself or its depositary.

Premier rejects ‘tax haven’ label amid heightened scrutiny

The report echoed broader international criticism, including calls from UK parliamentarians for public registers of beneficial ownership in British Overseas Territories.

Global Perspectives

Global Tax Update

Bracken Rothwell team moves to Moore Stephens’ St Helier office

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.

Isle of Man Budget 2025 announced

Government revenue spending for 2025/26 is budgeted at £1.46 billion, representing £17,249 for every person on the Island.

Government launches third CIT consultation

In so doing, it has apparently cleared up some concern regarding the availability of mechanisms for disputes and appeals to agency decisions.

'Tax dodgers make it harder to tackle potholes and get bobbies on the beat'

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.