10/20/2023
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.
Tax
10/19/2023
20% income tax rate saved
With the island facing a growing financial deficit - predicted to reach £100million by the end of this year
10/19/2023
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.
10/18/2023
Policy and Resources has warned the States needs to bring in more money to fund public services in the future.
Policy and Resources has warned the States needs to bring in more money to fund public services in the future.
10/18/2023
British Virgin Islands Removed from EU Tax Blacklist
British Virgin Islands Removed from EU Tax Blacklist
10/11/2023
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.
10/10/2023
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.
10/10/2023
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
10/09/2023
We’re enabling local businesses to earn cashback on their tax payments
New campaign enables customers to earn one per cent cashback
10/09/2023
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.
10/09/2023
"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.
10/06/2023
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.
10/06/2023
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.
10/06/2023
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.
10/04/2023
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.
09/29/2023
Fenech & Fenech Advocates awarded 'Malta Tax Firm of the Year'
‘This award bears testament to the dedication, skill and professionalism of our team members’
09/21/2023
EY welcomes new trainee associates across the Channel Islands
They also took part in a number of team building exercises to build relationships with their peers.
09/20/2023
Navigating the changing tax landscape – Tax considerations for Malta-based asset management businesses
The pace with which new measures are being introduced in this sense remains unabated.
09/19/2023
db Group registers after tax profit of €12.4 million
Company eyes international expansion including new London restaurant
09/06/2023
Tax reform and borrowing seen as prime way to make island sustainable
The key message from the briefing was to ensure the island has enough money cashed away throughout the coming decades to pay for the future.