Managers of Wealth Offshore

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.

Guernsey: Thousands of tax returns still to be submitted

A mix of existing and recently retired staff, together with some tax consultants are being used to get through the backlog, said the States.

Clock ticking for 2022 income tax returns

2023 returns will be available to complete from early March.

Guidelines for the application of the 12% VAT rate on the hiring of pleasure boats

It is essential to clarify that not all items can be subject to the reduced VAT rate; rather, only supplies commonly offered during the course of hiring a pleasure boat may be eligible for the reduced rate.

Mazars announces another year of record revenues as it builds global ambition

Third consecutive year of double-digit fee income growth achieved across all service lines

NOT ON OUR AGENDA: Halkitis says personal income tax not under consideration

The IMF recognized the challenges associated with introducing corporate and personal income tax systems in The Bahamas, given the absence of a historical tax framework.

St. Kitts and Nevis Inland Revenue Department modernises its tax administration system with the launch of ‘SMARTS’

SMARTS is being administered through the My Government Portal, which essentially serves as a central hub.

Finance minister rules out tax cuts sought by business associations

Businesses need to look outward, he insists

Unveiling Tax Realities: Debunking Myths about the British Virgin Islands

To comply with FATCA, a British Virgin Islands foreign financial institution is required to report information on U.S. taxpayers’ accounts to the IRS.

Guernsey income tax increase proposals likely

Experts have warned Guernsey is on an "unsustainable" financial path and reform to the island's tax system or spending cuts are needed.