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Landlords were warned today not to pass a proposed rental tax on to their tenants. The Government said tenants have called Consumer Affairs reporting that their landlord has informed them their rent will be increased “due to the new tax” from March 1...

Hundreds of people have registered opposition to a rental tax after a seniors organisation called on its members to air their views. Age Concern Bermuda asked it members for their views on the suggestion, included in a pre-Budget report from the Mini...

Canadian tax authorities have launched about 100 audits into taxpayers named in the Paradise Papers, a huge batch of documents stolen from the database of law firm Appleby. The audits were revealed in the Canadian Parliament, the Toronto Star reporte...

A proposed tax on rental income could cost people their homes, the finance minister has been warned. Curtis Dickinson was told that any new tax would hurt people who depended on income from an apartment to pay their mortgages. Paulette Robinson said:...

Curtis Dickinson, the Minister of Finance, said tax increases included in the Pre-Budget Report were being considered, but were not guaranteed. However, he told an audience at a public meeting last night that if taxes on commercial and residential re...

The European Union will be keeping a close eye on the impact of Bermuda’s Economic Substance Act — and pressuring the island to get tough on companies who lack physical presence. That was one of the clear messages to come out of last Friday’s KPMG pr...

A British attempt to force overseas territories to produce public registers of beneficial company ownership has sparked a war of words in the UK’s House of Commons. Dame Margaret Hodge, a Labour MP who helped to lead a cross-party alliance of MPs tha...

Dear Sir, The following is exactly as most immediately apprised by a personal and highly respected friend/adviser apropos payroll tax, and hopefully suitable for inclusion in your Letters section. I honestly do not know to whom to now turn at this mo...

The Government of Bermuda is working to make the island more attractive to companies that might be impacted by new economic substance requirements. Of particular concern are companies registered in Bermuda that have little or no actual presence here....

Google moved $22.7 billion through a Dutch company to Bermuda in 2017, an increase of about $4.5 billion on the previous year. The tax strategy, known as “Double Irish, Dutch Sandwich”, is legal, but has been criticised in the past as an arrangement ...

Bermuda’s first attempt at legislation to address “economic substance” concerns was given the thumbs-down by European Union officials, The Royal Gazette understands. Three sources have claimed that the European Code of Conduct Group said last week it...