Bermuda could be in line for a new professional services tax, the island’s Fiscal Responsibility Panel said yesterday.
The annual report from the three-strong panel of experts predicted that the new tax could come in the next financial year.
The repo...
Importers of food and other goods will face fines of up to $5,000 if they fail to provide information to a new commission examining their costs and margins.
The Cost of Living Commission, renamed from the Price Commission, will be established by legi...
US companies that make billions of dollars from patents and other intellectual property held offshore would be eligible for a special 12.5 per cent tax rate on those earnings under the Senate tax plan.
That’s a potential “gold mine” for some multinat...
DATE: Nov 15, 2017 | CATEGORY: International Business |
The Premier identified yesterday the 14 promises he claimed the Progressive Labour Party government had completed in its first 100 days.
David Burt announced in Parliament last Friday that two-thirds of the PLP’s 21 pre-election pledges had been fulf...
David Burt claimed yesterday that the Progressive Labour Party had completed 14 of its 21 “first 100 days” election pledges.
But statements by the Premier and his PLP colleagues suggest only ten of the promises have actually been fulfilled, with nine...
The Progressive Labour Party’s “great rush” to deliver change has been blighted by mixed messages and disorganisation, political observer Denis Pitcher said.
Mr Pitcher praised David Burt, the Premier, for his efforts to sell Bermuda to the internati...
With the PLP Government now well and truly settled into their new roles, The Royal Gazette examines what progress the new administration has made on its key promises.
Parliamentary oversight
A plan to set up three watchdog committees recommended by t...
Legislation to create a commission to look at changes to Bermuda’s tax system was today approved by Senate.
Government senator Vance Campbell said the Tax Reform Commission Act 2017 made provision for a short-term statutory body to examine tax.
The J...
A Bill creating a commission to look at changing Bermuda’s tax structure was approved by the House of Assembly last Friday.
David Burt, the Premier, said the Tax Reform Commission Act would help create a fairer system for the island.
He said: “This B...
DATE: Oct 23, 2017 | CATEGORY: Politics | AUTHOR: Owain Johnston-Barnes
New legislation giving the Bermuda Immigration and Protection Act priority over the Human Rights Act will be debated in the House of Assembly today.
Walton Brown, the Minister of Home Affairs, has said the move “will not take away from anyone’s funda...
DATE: Oct 20, 2017 | CATEGORY: Other | AUTHOR: Jonathan Bell
