EYEY

Bermuda government releases draft legislation for adoption of a 15% corporate income tax

|Tax Alerts, Information Reporting, Legis ...|Bermuda
Bermuda

  • The Bermuda government has released draft legislation for its proposed 15% corporate income tax regime as part of a third public consultation.
  • The corporate income tax is expected to be enacted prior to 31 December 2023 and be effective for tax years beginning on or after 1 January 2025.
  • The third public consultation is open for comments until 30 November 2023.
  • The consideration of a Bermuda corporat…

Continue Reading