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A more efficient Government could emerge alongside changes to the tax system in efforts to shore up the public purse, MPs heard last night. It was hoped a balance would be struck between trying to increase income while also cutting costs. Legislator...

Mobility aids for seniors’ homes and rest homes will get a pass on customs duty under legislation approved yesterday in the House of Assembly. Curtis Dickinson, the Minister of Finance, will also get ministerial discretion over a separate tax break t...

Jersey has tabled a draft law to address EU “economic substance” concerns, offering clues as to what may be in the Bermuda Government’s upcoming legislation to tackle the same issue. Legislators on the Channel Island, one of Britain’s Crown Dependenc...

David Burt heads to Brussels today to speak with European officials as the island puts the finishing touches to legislation to address the EU’s “economic substance” concerns. The Premier told The Royal Gazette from London yesterday that the legislati...

The Progressive Labour Party will table legislation designed to tackle European Union concerns over low-tax jurisdictions during this parliamentary session. David Burt updated the House of Assembly Friday on EU efforts to censure low-tax jurisdiction...

The Premier told a town hall-style meeting that proposed tax changes were designed to benefit the least well-off in Bermuda. He said: “The report on the tax commission has been submitted and I think the most important basis of that is that those pers...

A teenage student exploring the science of taste can now reveal how she tracked down a potential genetic basis for the “sweet tooth”. Kameron Young, an International Baccalaureate student at Bermuda High School, is offering a presentation on her acad...

The new sugar tax could steer customers away from locally made products in favour of international competitors, according to some local businesses. The Government introduced exemptions for home bakers but small businesses have seen the cost of sugar ...

LONDON — The UK renewed its attack against offshore tax evasion with plans to publish a new compliance strategy around the overseas entities that wealthy individuals use to conceal their assets. The move “will build on the substantial progress the UK...

Th?e New York Times investigation of how Donald Trump built his fortune is deeply revealing on many levels. It also takes some work to get through, so here’s a summary of what I found most important in the piece. As you’ll see, although these revelat...

Soft drinks, sweets and other select items will be hit by a 50 per cent hike in duty rates as the first stage of the sugar tax kicks in today. The tax increases will rise to 75 per cent in April. Its phased implementation was agreed by legislators in...