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Employers owe Government more than $100 million in social insurance and payroll tax contributions, it was revealed in the House of Assembly yesterday. The startling statistic came in response to a Parliamentary question to Bob Richards, the Minister ...

The District of Columbia has done a U-turn on a controversial list of tax havens that included Bermuda. The municipality of Washington DC has repealed the 39-jurisdiction list only a week after it came into effect. The Island was included on the list...

Alcohol and tobacco taxes should be increased to fund rehabilitation work in Bermuda, according to the Shadow Minister of Community, Culture and Sports. Michael Weeks, MP for Pembroke East Central, made the statement after Hamilton-based addiction ch...

Bermuda is outranked on a tax secrecy list by Britain, the US and the Cayman Islands. Bermuda is 34th in the rankings of 100 countries for tax — while the Cayman Islands ranks fifth on the list. Switzerland tops the list, followed by Hong Kong, the U...

BRUSSELS (Bloomberg) — Luxembourg and the Netherlands lost a bit of lustre as tax havens for some of the world’s biggest companies this week, as the European Union fired its latest salvo aimed at multinational tax dodging. Yet the Netherlands is on p...

Dear Sir, I just returned from my 51st Bermuda vacation. Another winner. Hurricane Joaquin was a special treat. Great hotel as usual. When I looked at the bill I became a bit annoyed. I was quoted an excellent rate, which I was very satisfied with. ...

A blistering attack on major countries who brand offshore financial centres as tax havens has been launched by Bob Richards. The Minister of Finance warned that pressure on the offshore sector from abroad will continue into the foreseeable future. Mr...

NEW YORK (Bloomberg) — The world’s top body for economic coordination unveiled its blueprint yesterday for cracking down on international tax avoidance, an opening salvo in what promises to be a prolonged battle between countries and companies over w...

Oil and gas multinational Chevron has come under fire in Australia for using Bermuda for tax avoidance. US-based Chevron, along with Anglo-Dutch firm Shell and the American ExxonMobil, is set to begin production at the massive Gorgon gasfield off the...

A perplexing issue for US citizens and resident aliens and foreign nationals abroad is dealing with the US Federal and State income tax authorities. If you are dealing with a technical question or are the subject of an audit you should consider using...

Footage of Michael Dunkley’s appearance on CNBC Closing Bell has been released by the Bermuda Government.The show was recorded during the Premier’s visit to London last week, when he also conducted interviews with BBC Radio and BBC Business Live, and...

Ministry of Finance officials say they are “monitoring developments” in Washington after the District of Columbia included Bermuda on a list of tax havens. The Island was one of 39 jurisdictions named on the list in changes to the municipality’s Budg...