Managers of Wealth Offshore

Should the Lieutenant-Governor pay tax?

In 2023, having regard to principles of tax equity, it is not justifiable that a senior public servant resident in the island should be exempt from income tax,” they said.

Global tax talks going ‘calmly’ and without ‘distress’ – chamber

In a recent statement, David Burt, the Premier and finance minister, said that although the global tax regime could present an opportunity to increase income, it was not government policy to significantly increase overall revenue.

EU report highlights benefits, flaws of global minimum corporate tax

A new body of evidence shows that multinational companies shift a large amount of profits to tax havens.

Billionaires should face a minimum tax rate, report says

There are around 2,500 billionaires with a combined wealth of $13 trillion.

Territorial tax plans scrapped again

The Policy and Resources (P&R) Committee has published plans to raise around £15m from businesses through changes to corporate tax.

20% income tax rate saved

With the island facing a growing financial deficit - predicted to reach £100million by the end of this year

States reject territorial corporate tax again

Deputy Parkinson told the States that a territorial tax system is about to come in for some companies regardless of any decisions taken by politicians this week.

Policy and Resources has warned the States needs to bring in more money to fund public services in the future.

British Virgin Islands Removed from EU Tax Blacklist

Bermuda’s position as financial hub won’t be unduly impaired by tax reforms: KBRA

Key factors contributing to Bermuda’s continued strength as a financial center include its high wealth level, robust institutions, and a top-quality regulatory environment.

Property tax shake-up key feature of 2024 budget

The majority of cash raising proposed for next year will come from property taxes set against the backdrop of a forecasted structural deficit of £64m in 2024.

Guernsey businesses support proposed income tax rise as alternative to GST

The CGi argues that income tax could easily be increased or decreased without the burden of setting up a new department

We’re enabling local businesses to earn cashback on their tax payments

New campaign enables customers to earn one per cent cashback

Claims made that introducing GST will cost £90million

Deputies will be asked to vote on P&R’s Funding and Investment Plan later this month, which’ll include three options for tackling a looming £100million deficit.

"A regressive tax can be part of a progressive tax system"

The panel also raised concerns about Guernsey's historic lack of investment in its infrastructure.

The corporate taxation impact on Bermuda's ILS sector

The typical structures used for ILS business in Bermuda are 'stand-alone' entities, created solely for ILS transactions.

Bermuda corporation tax rate likely to be 15%

The statement said the Government proposes to introduce details of a Qualified Refundable Tax Credit (QRTC) programme in 2024 to become effective in 2025.

New tax could benefit Bermuda, Premier tells Sky News

On August 8, the Government said it had opened a series of consultations on proposals to introduce such a tax, proposed at between 9 per cent and 15 per cent.

Corporation tax would be ‘fundamental change’ for Bermuda

The likely introduction of the tax on companies and subsidiaries of multinationals with annual revenues of more than €750 million euros comes because of the OECD’s move to implement a 15% global minimum tax.

Fenech & Fenech Advocates awarded 'Malta Tax Firm of the Year'

‘This award bears testament to the dedication, skill and professionalism of our team members’