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Last week we wrote about our happy Valentine fellow blissfully leaving the Rock and heading to America to be with the perfect lady in the land of opportunity with its fabled streets of gold and bluer skies. Destiny is so full of promise, but it is al...

While out canvassing recently, a Bermudian couple asked us to come in and have a conversation with them about the hikes in the land tax proposed by finance minister Bob Richards the week before Christmas. The husband presented a spreadsheet that show...

Two new insurers, two brokers and one manager had their registrations confirmed by the Bermuda Monetary Authority during January. CAPRI Re Ltd, a special purpose insurer, and Nomura Americas US Re Ltd, a class D insurer, had their registrations appro...

American President Barack Obama yesterday put forward a plan in his final national budget proposal that would raise the US tax burden on some Bermuda reinsurers. It was the seventh year in succession that President Obama included the measure in his b...

January was not a kind month for equity investors. The volatility was discerning and uncomfortable. While markets may correct further (nobody knows for sure) it’s very important to realise that market sell-offs are par for the course. In times like t...

Land Tax Demand Notices for the first six months of 2016 will be distributed over the next few weeks, according to the Office of the Tax Commissioner. Payment dates are as follows: • Section A: Public Utilities, City of Hamilton, Sandys, St George’s ...

Britain’s biggest circulation Sunday newspaper has put Bermuda under the spotlight regarding billions of dollars that are sent to the island by internet giant Google. The Sun on Sunday yesterday published a story about Google directing an estimated $...

A clone company using the name of a legitimate Bermuda-based firm is suspected to be operating. Kuva Limited, which is found at www.kuvaltd.com, promotes an investment firm which falsely claims to be regulated by the Bermuda Monetary Authority (BMA)....

Dear Sir, So, yesterday I was fortunate enough to have stumbled across a very interesting article on the web. Coming from a valid source, Bloomberg, I was captivated by the title “The world’s favourite new tax haven is the United States”. After read...

A clone company using the name of a legitimate Bermuda-based firm is suspected to be operating. Kuva Limited, which is found at www.kuvaltd.com, promotes an investment firm which falsely claims to be regulated by the Bermuda Monetary Authority (BMA)....

Last September, at a law firm overlooking San Francisco Bay, Andrew Penney, a managing director at Rothschild & Co, gave a talk on how the world’s wealthy elite can avoid paying taxes. His message was clear: You can help your clients move their fortu...

The inflation rate rose to 1.4 per cent in November according to the latest government statistics — but the rise in the cost of living was dampened by the continuing fall in electricity costs. Fuel and power sector costs plunged 11.3 per cent from No...