Bermuda News

Bermuda To Regulate Initial Coin Offerings

by Mike Godfrey, Tax-News.com, Washington

Friday, March 23, 2018

Bermuda's Premier and Minister of Finance, David Burt, told the island's parliament last week that his government will shortly release a draft Bill to regulate initial coin offerings in Bermuda. Read Full Story

Bermuda Hikes Commercial Property Tax

by Mike Godfrey, Tax-News.com, Washington

Tuesday, March 13, 2018

Bermuda's lower house has passed a bill temporarily raising the rate of land tax on commercial properties from seven to 12 percent. Read Full Story

Bermuda Lists CbC Report Exchange Partners

by Jason Gorringe, Tax-News.com, London

Wednesday, February 7, 2018

The Bermuda Government on January 31, 2018, updated the lists of the countries with which it will exchange country-by-country reports filed in Bermuda in 2018 and in 2019. Read Full Story

Bermuda, US Agree To Exchange CbC Reports

by Mike Godfrey, Tax-News.com, Washington

Wednesday, December 13, 2017

Bermuda and the US recently signed an agreement providing for the automatic exchange of country-by-country reports. Read Full Story

Bermuda To Exchange MNE Tax Info With The UK

by Mike Godfrey, Tax-News.com, Washington

Friday, December 1, 2017

Bermuda and the UK recently signed an agreement providing for the automatic reporting of corporate income on a country-by-country (CbC) basis. Read Full Story

Indian Authorities Report On Probes After Taxpayer Data Leaks

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, November 7, 2017

The Indian tax authorities have provided updates into both the ongoing "Panama Papers" investigation and the developing and unconnected "Paradise Papers" revelations. Read Full Story

Morrison Tells MNEs: Pay Your Taxes

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, November 7, 2017

Australian Treasurer Scott Morrison has said that his message to multinational corporations is "pay your tax based on what you earn here in Australia." Read Full Story

Appleby Says Only Demonstrable Crime Is Of Data Theft

by Mike Godfrey, Tax-News.com, Washington

Monday, November 6, 2017

Appleby, the offshore law firm, has spoken out against recent media coverage, which implies but does not allege that there is wrongdoing in the papers recently exposed that include information on its clients' tax affairs. Read Full Story

Bermuda's New Premier Fires Back At 'Tax Haven' Accusations

by Mike Godfrey, Tax-News.com, Washington

Thursday, October 19, 2017

Bermuda's Prime Minister, David Burt, defended the territory's reputation in a recent interview with Aaron Heslehurst of the BBC's Talking Business program. Read Full Story

OECD Global Forum Moving On To Beneficial Ownership

by Jason Gorringe, Tax-News.com, London

Monday, August 21, 2017

The OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes has published the first 10 outcomes of a new and enhanced peer review process for assessing compliance with international tax transparency standards. Read Full Story

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