Bermuda House of Assembly to debate 15% tax legislation
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Bermuda House of Assembly to debate 15% tax legislation

Farhin Lilywala
December 14, 2023
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Bermuda’s House of Assembly will debate legislation for a 15% corporate income tax on December 15.

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

Under

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Farhin Lilywala
Section Editor, Distribution & Specialty
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