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A technology security company founded in Bermuda has made its mark on a promotion of cross-border electronic transactions by European leaders. The high-level seal of approval for QuoVadis came when senior European Commission (EC) officials held an el...

Google is considering getting rid of its Bermuda subsidiary, according to a report in French newspaper Le Monde. The Bermuda company employs no-one and has no physical presence on the Island. It is used by the technology giant to minimise its tax bil...

DUBLIN (Bloomberg) — Ireland’s government will phase out a tax shelter used by US companies from Google to LinkedIn, amid mounting pressure from international authorities. The “Double Irish”, which allows companies to avoid paying tax on much of thei...

A cyber security firm founded in Bermuda has expanded its operations into Germany. QuoVadis — a global provider of certificate authority identity services for online transactions — has added Germany to existing offices in the UK, Switzerland, Holland...

Global financial services firm Deloitte has posted record revenue of $34.2 billion for its last financial year. The head of the firm’s Bermuda and Caribbean arm John Johnston said figures for the Island were not available. But Mr Johnston said: “Delo...

The US Internal Revenue Service (IRS) is to take an American company with a Bermudian arm to court in a bid to tax a $357 million loan. And — if the US taxman is successful — the case could have wide-reaching implications for other major US firms th...

The head of Bermuda-based Jardine Matheson yesterday wrote to the UK’s Financial Times to back a No vote in the referendum on Scottish independence. Sir Henry Keswick, the chairman of Jardine Matheson Holdings, a huge conglomerate involved in a vari...

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...

A delegation from Bermuda went to Mexico City to make new trust business ties. The 12-strong group attended a series of targeted meetings as well as the STEP (Society of Trust and Estate Practitioners) Latin American Conference in Mexico City on Sept...