House: report on tax reform released

Make text smaller Make text larger

  • David Burt, the Premier (File photograph by Akil Simmons)

    David Burt, the Premier (File photograph by Akil Simmons)


David Burt this morning tabled a previously unreleased 2015 report on reforming Bermuda’s tax structure.

The Premier said the report by the Caribbean Regional Technical Assistance Centre had been commissioned and received by the One Bermuda Alliance administration but never publicly released.

He said the report, entitled “Reforming the Tax System and its Administration for Fiscal Consolidation”, looked at ways to increase tax revenue.

Numerous interviews were conducted by Cartac in 2015, and the report suggested ways to increase tax revenue by 0.5 per cent of GDP annually for three years.

However, Mr Burt said the proposed changes would have left the bulk of the burden on the poor.

• To read Mr Burt’s statement in full, click on the PDF under “Related Media”

You must be registered or signed-in to post comment or to vote.

Published Oct 6, 2017 at 10:27 am (Updated Oct 6, 2017 at 10:57 am)

House: report on tax reform released

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    Today's Obituaries