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Cuts in the corporate tax rate in the US in the wake of Donald Trump’s White House victory could hit Bermuda, experts warned yesterday. Michelle Seymour Smith, CEO of Arch Re, said: “This is one that’s coming to us sooner rather than later. “I believ...

Global charity Oxfam should correct the report that ranks Bermuda as “the world’s worst corporate tax haven” as it is strewn with errors. That is the view of the Association of Bermuda Insurers and Reinsurers, which represents many of the island’s la...

Finance minister Bob Richards has expressed dismay at Oxfam’s claim that Bermuda is the world’s worst corporate tax haven. And the Progressive Labour Party joined him to condemn the report as “extremely disappointing”. Mr Richards pointed to “serial ...

Bermuda is “the world’s worst corporate tax haven”, according to a report due to be released today by Oxfam. The global charity found that US multinational companies reported $80 billion in profits in Bermuda in 2012 — more than their profits reporte...

Senator Kim Wilkerson, the Shadow Minister of Economic Development, has described Oxfam’s assertion that Bermuda is the worst corporate tax haven in the world as “extremely disappointing”. The Progressive Labour Party MP said her party supported the ...

Delinquent employers face prosecution over nearly $90 million in unpaid social insurance and payroll tax. The announcement was made today in a joint statement by tax commissioner Lucia Peniston, Department of Social Insurance director Karen Daniels a...

Bermuda has reportedly avoided being placed on an European Union blacklist after Britain blocked a French-led proposal that would have automatically branded the island a tax haven. Territories with a zero per cent corporate tax rate, such as Bermuda ...

Canadians in Bermuda have been offered a free seminar to get help with tax and pension planning. The information session on December 1 will cover topics such as Canadian residency for tax purposes, retirement planning for expatriates and Bermudians r...

US tax reform has become much more likely after the Republicans won control of all three arms of government in Tuesday’s elections — and that could have consequences for Bermuda’s international business sector. That was one of the early takes from th...

In May 2016 AFL Investments sponsored an International Tax and Planning Seminar for Bermuda Nationals who own US investments, vacation homes and rental property in the US. The sessions were chaired by Joel Schaefer, chief executive officer of AFL Inv...

In May 2016 AFL Investments sponsored an International Tax and Planning Seminar for Bermuda Nationals who own US investments, vacation homes and rental property in the US. The sessions were chaired by Joel Schaefer, chief executive officer of AFL Inv...

Sneakers were cited as evidence to prove Bermuda is a tax haven in a report aimed at highlighting the use of offshore companies by major firms. The bizarre claim came in Offshore Shell Games, a report of the offshore activities of Fortune 500 compani...