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Internet giant Google has revealed its Dutch arm funnelled nearly $12 billion to Bermuda to avoid paying tax on its profits. The latest figures show that Google Netherlands Holding, raked in $1.6 billion from its Irish sister company and $315 million...

The new corporate tax shelter is a “merger abroad”, the New York Times says in an article yesterday. “Many companies that have recently moved their domicile for tax reasons have chosen European countries with low tax rates, like Ireland and the Nethe...

Two top Foreign Office officials have paid a flying visit to Bermuda to familiarise themselves with the Island’s business environment. And Tim Colley and Marilia Astle took time to meet with Chamber of Commerce members — who stressed that Bermuda was...

By Raymond Hainey The tax spotlight was yesterday turned on Bermuda again after it was revealed that internet giants Google last year paid a tiny percentage in UK tax on sales of nearly $5 billion — by funnelling cash to the island. Previous revelati...

A series of anti-money laundering events are to be held in the run up to new international regulations coming into force next January. The four roundtable meetings will focus on three major strands of Bermuda business — insurance, banking, investment...

The company reportedly has $7 billion of profits parked offshore with 12 subsidiaries in Bermuda. “What is fun about this is that Nike apparently named its tax shelters after its shoes,” according to a Forbes contributor. Writing on the Forbes Tax An...

Bermuda has welcomed recognition from British Prime Minister David Cameron that it is not a tax haven. In a statement together with other premiers and chief ministers of the British Overseas Territories, Premier Craig Cannonier said he welcomed Mr Ca...

Angry homeowners are furious after claiming they have been given just days to pay their annual land tax bills. And one landlord has questioned why Government has failed to amend the charge to take into account plummeting property values in recent yea...

It was more than a little disconcerting to see the announcement that Bermuda was placed on France’s tax haven list. One would think that there had to be a substantive reason for this pre-emptive label-tarnishing directly before the G20 meeting that j...