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Bermuda Holds Third Consultation on Administrative Provisions for New Corporate Income Tax Relating to Timing of Payments, Returns, and Other Matters

|Approved Changes|Bermuda
Bermuda

The Government of Bermuda has announced the issuance of the Third Public Consultation on Corporate Income Tax Administration for Bermuda's new 15% corporate income tax that generally applies from 1 January 2025 for taxpayers in Bermuda that fall within the scope of the Pillar 2 global minimum tax (GloBE) rules. The third consultation addresses the broader administrative provisions relating to…

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