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Bermuda has signed a bilateral tax information exchange agreement (TIEA) with Indonesia, Premier and Finance Minister Paula Cox announced yesterday. The TIEA, which is the Island’s 25th signed agreement, provides for a full exchange of information on...

The tax threat from the US still exists very much but Bermuda is in a far stronger position than it was a year ago. That is according to Eli Lehrer, vice-president of US think tank The Heartland Institute, who was on the Island last week meeting with...

Premier and Finance Minister Paula Cox has tabled a bill to strive for greater tax transparency as set out by the Organisation of Economic Co-operation and Development (OECD) in advance of next week’s OECD Global Forum. The Specified Business Legisla...

There is no peer reviewed evidence to support most of the accusations of tax evasion, money laundering and terrorist financing levelled at International Financial Centres (IFCs). That is according to Dan Mitchell, of the Cato Institute, a US-based th...

International financial centres will not survive unless they join forces to create a united body to articulate the benefits they provide the global economy. That is the view of Professor Gilbert Norris, who gave an outspoken and entertaining speech o...

Premier Paula Cox believes that the idea that Bermuda is a tax haven with shady dealings and shell companies still exists and she intends to tackle it head on. After beating the drum for Island business in London yesterday when she addressed almost 3...

The Florida State Senate has signalled its opposition to US plans to levy more tax from Bermuda reinsurers. The memorial passed by the legislature in the Sunshine State puts on record its opposition to plans in US President Barack Obama’s budget to a...