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The Premier says the Government should expect to receive at least $750 million a year, on average, from the corporate income tax, which comes into effect in 2025

The sea change in Bermuda's tax regime kicks in later this decade but legislators this month agreed to the move

Legislation approved as questions remain about how much revenue will be generated

The Fiscal Responsibility Panel says corporate income tax revenue should be used to reduce debt and calls for personal income tax

Government MPs lambast the One Bermuda Alliance after it raised concerns over tax reforms

Landmark legislation passes after a lively and sometimes heated five-hour debate

No estimate made on number of companies exiting Bermuda as a result of tax

Final version of legislation is expected to be tabled in House of Assembly next month

Jason Hayward also responds to concerns about redundancies following digitalisation

Statement to MPs by Premier also gives update on Tax Reform Commission