Bermuda Consulting on Administrative Provisions for New Corporate Income Tax
The Government of Bermuda has announced the release of the First Public Consultation on the Corporate Income Tax Administrative Provisions. The consultation paper covers the administration provisions for Bermuda's new 15% corporate income tax that will generally apply from 1 January 2025 for taxpayers in Bermuda that fall within the scope of the Pillar 2 global minimum tax (GloBE) rules. The …
Continue Reading