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President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the US Congress could be a far tougher sell. White House press secretary Jen Psaki said on Friday that leaders of the Group of Seven — ...

Bermuda has passed a crucial test in winning international approval of its tax information exchange practices with other jurisdictions. The island was rated by The Global Forum on Transparency and Exchange of Information for Tax Purposes as “largel...

By Raymond Hainey A fresh crackdown on tax avoidance by global firms has been launched by an international watchdog. And an end to a loophole where internet giants Google can channel billions of dollars of profits earned elsewhere to Bermuda has been...

The Organisation for Economic Cooperation and Development (OECD) is ramping up its efforts to clamp down on offshore tax evasion. By next year, the OECD is aiming to set up a team called “Tax Inspectors Without Borders” to investigate cases of corpor...

Premier and Finance Minister Paula Cox said Bermuda’s accumulation of tax information exchange agreements is strengthening the Island as an international business centre. Ms Cox’s comments came after the latest Peer Review Group (PRG) report from the...

Bermuda has fully addressed two recommendations made two years ago by the Organisation for Economic Cooperation and Development’s body on transparency and exchange of information for tax purposes, but it has more work to do in two other areas. That i...

Bermuda’s appeal to Canadian corporations as a base for their captive insurance companies has grown with the prospect of the tax information exchange agreement (TIEA) between the two countries coming into effect next month. That was the clear conclus...

The Organisation for Economic Co-operation and Development (OECD)’s Global Forum on Transparency and Exchange of Information for Tax Purposes held in Bermuda this week has been hailed as a success in the fight against international tax evasion and ba...