Bloomberg Tax Country Guides provide overviews of the tax
regimes of more than 200 jurisdictions. The Country Guides are
continuously updated to reflect developments as they happen.
Written by local experts, each jurisdiction profile covers
corporate taxation, personal taxation and social security, transfer
pricing and anti-avoidance rules, important miscellaneous taxes,
and any special tax regimes applicable to the oil, gas, mining, and
banking sectors.
1. OVERVIEW
1.1. Government and Tax System
Bermuda is the oldest self-governing overseas territory of the
United Kingdom, with a local democratically elected government
responsible for internal affairs, and the U.K. retaining
responsibility for external affairs, defense, and security.
