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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...

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...

International charity Oxfam has called for a clampdown on tax havens. A special report by the charity said that there had been an increase in rich individuals and companies using offshore jurisdictions “to avoid paying their fair share to society.” A...

Dear Sir, I believe this is a question most taxpayers are asking themselves: “What is financial assistance doing?” We have some people that are living off financial assistance. They drive round all day doing nothing. They dress in expensive shoes an...

The Progressive Labour Party has applauded the Bermuda Government for reversing a tax increase affecting senior landowners, but has questioned whether the initial hike was down to a legislative “error”, as claimed by finance minister Bob Richards. D...

US Democratic presidential hopeful Hillary Clinton has bashed Bermuda in an attack on tax loopholes. Ms Clinton said that she planned to crack down on tax avoidance to boost the US economy. Her official website said: “High income money managers have ...

The Corporation of Hamilton has announced a “slight tax increase”, which reportedly came into effect at the start of the year. In a statement yesterday, mayor Charles Gosling said the resolution was necessary as a part of the City’s strategy to incre...

Are you a US citizen who has worked and resided outside the United States for most of your life and who finds it doubtful that you will retire to the US? Have you ever wondered why you are paying increasing amounts of income tax to the US without rec...

A new cross-party group of British MPs and peers is to examine Britain’s tax system — and will consider the abolition of corporation tax. The group, which will start its deliberations in the new year, will quiz government ministers and business leade...

Bermuda has come under the spotlight in a front-page article in the prestigious New York Times highlighting the use of the Island by US hedge fund managers who have pumped millions into presidential campaigns. The article said that hedge fund magnate...

Personal finance website GOBankingRates has labelled Bermuda a tax haven. The Island features in an article highlighting the top ten tax havens worldwide. Bermuda figures at number seven on the list, alongside the Cayman Islands, the Bahamas and Jers...

US Democratic presidential hopeful Bernie Sanders has pledged a crackdown on tax avoidance involving Bermuda and other offshore jurisdictions. Mr Sanders, currently trailing Hillary Clinton in the race for the nomination as presidential candidate, ma...