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 deadline for comments is 4 September 2024, with a second consultation planned for later in the year. --- Introduction of Corporate Income Tax Administrative Provisions Today the Government of Bermuda issued a public consultation paper intended to provide Bermuda...