Managers of Wealth Offshore

Taxes in Panama

The government has stated that it will not raise taxes that were recommended by the International Monetary Fund.

Burt happy to lose ‘ridiculous tax haven moniker’

The Premier was taking part in the opening session of the Risk Summit with Marc Grandisson, chief executive officer of Bermuda-based re/insurer Arch Capital.

Legislation to extend new-hire tax relief tabled

The amendment would also extend the benefit to those who started work after April 1, 2022 and continue to be employed after April 1, 2024 up until March 31, 2026.

New tax regime for UK non-doms

When an individual comes to or leaves the UK part way through a tax year, they may qualify to split the tax year into a UK tax resident part and non-UK tax resident part if certain conditions are met.

Guernsey islanders say tax office has fined them in error

Mr Gallie said he was appealing the fine, having filled out a third tax return which he has handed in personally.

Treasury disbanded non-dom tax policy unit weeks before budget, sources say

One City law firm that specialises in advising clients with complex offshore tax affairs, told staff they expected a rush to “safeguard” benefits of the status

PM’s ‘line in the sand’ on wealthy tax evaders

Mr Davis, also reiterating that the Government has no plans to introduce personal income tax or other income-related taxes “at this time”

Deloitte awarded Best Professional Services Provider Isle of Man 2024 by Finance21

The judges praised Deloitte for their exemplary client service, demonstrated expertise, innovative solutions and commitment to quality and industry best practice.

Jersey won't change super-rich policy, minister says in wake of UK budget

The current UK regime will be replaced with new rules from April 2025 so that those with the “broadest shoulders” pay more, Mr Hunt announced in his Budget speech.

VAT survey issued to Island businesses

The amount of revenue we currently receive by way of FERSA makes up almost one third of the Island’s income.

Inland Revenue at just under 50 percent of real property tax revenue target

According to Strachan, more than half of the properties on the register do not receive a tax bill, as they are exempted for one reason or another.

Assured Guaranty boosted by investments, tax benefit

The company said the tax benefit resulted from the plans to implement a corporate income tax in Bermuda in 2025, which affects the company’s Bermuda insurance subsidiaries.

OBA: Government ‘rolling the dice’ on corporate tax

There are also a lot of variables that are hard to quantify.

Tax benefit propels Valaris to Q4 net income of $829m

Mr Dibowitz added: “We remain confident in the strength and duration of this upcycle and the outlook for Valaris is positive.

“If taxpayers are on the hook for costs, the Directive should apply”

He asked what the circumstances are, if there is a tender process, and if he could have a breakdown of costs over the past five years.

A quest to transform the culture of tax

Corporate Times interviews Tax Commissioner Joseph Caruana

Business organisations throw support behind corporation tax

The positive news of a balanced budget sends a strong signal to overseas markets that Bermuda remains a premier domicile in which to invest.

Bermuda could raise $750m a year from corporate income tax

Those Bermudians who have made sacrifices under a tax system that many consider unfair and are challenged to make ends meet need realistic hope and confidence

Mazars in Malta directors co-opted as Mazars international partners

CARL partners are equity partners of Mazars globally

Bermuda tax change gives Arch one-time boost

The performance was boosted by a $1.18 billion net deferred tax asset related to the enactment of Bermuda’s new corporate income tax.