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A pledge by the Government to hand out rebates on payroll tax could turn into a “bureaucratic nightmare”, a former finance minister has said. Bob Richards, who held the Cabinet post during the One Bermuda Alliance administration, said the onus would ...

The government has confirmed a continuing working brief, keeping track of developments on international tax considerations that could force the island’s largest multinationals to pay a global minimum tax. But a spokesman would not confirm there has b...

An appeal was made by the Tax Commissioner for lawyers and legal firms to tackle payroll tax arrears that totalled more than $2.9 million. Derek Rawlins asked the Bermuda Bar Association to help by “encouraging” its members to settle up to avoid cour...

Bermuda's largest reinsurers could get a tax break from government, it has emerged. Rating agency analysts have been told a corporate tax break may be a way of mitigating the effects of a proposed international tax agreement imposing new tax obligati...

The measure US president Joe Biden signed into law yesterday that raises taxes on US corporations does nothing to comply with a separately negotiated 137-country deal for a global minimum tax on the world's largest companies. It is the latest sign th...

A controversial tax on products containing sugar forced almost half of respondents to reduce their consumption of sugary goods and drinks, according to an academic study. But the levy still netted the Government millions of dollars in revenue. The ta...

A billionaire charged with tax evasion and money laundering through a web of offshore entities in Bermuda and Nevis has died. Robert Brockman, 81, who was indicted in 2020 in what has been called the largest tax evasion case against an individual in...

Union leaders said that a $15 million relief package would offer short-term relief, but called on the Government to deliver on “game changers” such as a livable wage. Armell Thomas, the Bermuda Public Services Union president, said in a statement tha...

Dear Sir, In June 2020, Oarrs Inc was hired by the Government’s Office of the Tax Commissioner as a debt collection consultant, providing ongoing liaison between the Government and taxpayers or their authorised agents, with past due land tax accounts...

An Opposition MP has demanded to know why the Government did not bring in the police when it alleged a company it hired to collect taxes on its behalf without a licence had committed a “criminal offence”. The controversy erupted after it emerged the ...

The Bermuda Government E-tax website crashed for a time yesterday, causing concern among some employers trying to file their payroll tax returns. The hub is also used by businesses for other taxes like land tax. The incident sparked alarm as Friday i...

The Government has secretly settled a lawsuit brought against it by a company it allowed to collect taxes on its behalf without a licence. Oarrs Inc filed the civil writ against the Office of the Tax Commissioner in July last year, alleging it was ow...