Log In

Dear Dave My daughter is a freshman in college, but I didn’t save for her education. My parents said it was my job to pay for my college, and that’s what I’ve told her. She’s going to have about $12,000 in student loan debt after her first year. How...

A Bermuda firm is to offer payday loans. Gold Standard — which already buys unwanted jewellery and offers secured loans — said the move was in response to customer demand. Business co-owner Matthew Mello said that qualifying customers would be able t...

Bermuda has signed up to a new international agreement to allow automatic exchange of financial information in a bid to crack down on tax cheats. Now the Island and 50 other countries will begin the exchange of information, backed by the Organisation...

Watching the kids bob along in their costumes awkwardly strolling from house to house in search of sugar nirvana amid a sea of other little hunters made me reflect on recent market volatility. October’s roller coaster ride in the market definitely of...

The mechanics of a bond security are not easily understood. A bond is a securitised loan. Securitisation is a process that enables the bond (dresses it up) to be bought and sold easily in an open electronic securities exchange, similar to the manner...

Retail sales recorded their first increase in three months with August figures showing a 0.3 per cent improvement over the same month last year, according to the Retail Sales Index, which is compiled by the Department of Statistics. But after adjusti...

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...

If a Bermudian calls us with a US tax question it is usually with respect to income tax or more commonly the withholding tax imposed by the Internal Revenue Service with respect to dividends or other fixed or determinable income being paid to a non-U...