Bermuda sets out more details on 15% taxation proposal
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Bermuda sets out more details on 15% taxation proposal

bermuda.jpg

The Bermudian government has issued draft legislation for a 15% corporate income tax as part of its third public consultation paper on the subject.

The proposed tax would be applicable to Bermuda tax-resident entities and permanent establishments that are part of multinational enterprise groups with an annual revenue of at least EUR750mn ($793mn), according to a note from PwC.

Under

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article