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Bermuda’s shifting population demographics over the next seven years are expected to present significant challenges for the island’s business community. As outlined in the recently released report, Bermuda’s Population Projections, 2016-2026, the isl...

The Fiscal Responsibility Panel report reviewed the evolution of the all-important debt/revenue ratio under different scenarios — and also included a projection based on the recommendations of the Tax Reform Commission being implemented by Government...

An increase in taxes is far more likely to be in our future than meaningful cuts to government expenditures, with the exception of government’s intention to trim expenses by identifying more efficient ways of delivering on its obligations. The island...

Preliminary results of the island’s assessment by the Caribbean Financial Action Task Force, have been discussed by the Financial Policy Council, which is headed by Curtis Dickinson, Minister of Finance. The CFATF assessed the island’s anti-money leg...

Bermuda’s economy is facing challenges on multiple fronts as it heads into 2019. A potent combination of increasing taxes, growing external threats to the island’s international business sector from the likes of the European Union, consolidation in t...

Liberty Mutual has reorganised its operations — including its Bermudian-based insurer Ironshore — to better address the needs of brokers and clients. According to Mitch Blaser, who will assume the title of vice-chairman of Ironshore Bermuda, the chan...

Accounting and legal services are set to be taxed in next month’s Budget, according to a report by independent advisers of the Bermuda Government. The Fiscal Responsibility Panel’s annual assessment, published last month, also estimates that Governme...

The US tax overhaul is symptomatic of growing protectionism around the world threatening the global business model of Bermudian reinsurers. That is the view of Bradley Kading, outgoing president of the Association of Bermuda Insurers and Reinsurers, ...

US companies that make billions of dollars from patents and other intellectual property held offshore would be eligible for a special 12.5 per cent tax rate on those earnings under the Senate tax plan. That’s a potential “gold mine” for some multinat...

Given its massive impact on all of our lives, it’s not too surprising that the economy has consistently ranked as the top issue with voters in polls commissioned by this newspaper in recent quarters. And with all the pain of a six-year recession stil...