The Government of Bermuda has announced that it is considering the introduction of a new corporate tax regime to accommodate the OECD's Pillar Two Tax Framework...

Non-resident entities will be required to provide sufficient evidence to the Registrar of Companies to support their tax residence in a jurisdiction outside Bermuda.

There is an exemption from the economic substance requirements for entities that are resident for tax purposes in a jurisdiction outside of Bermuda that is acceptable to the Registrar of Companies...

Mathew Clingerman, Managing Director in Kroll's Restructuring practice, based out of Bermuda, has created a client advisory on Bermuda's Corporate Income Tax Act 2023...

Bermuda has been engaging in tax information exchange with other jurisdictions since the 1980s. This article, which is based upon a paper presented at the...

The European Council has removed Bermuda from Annex II of its list of non-cooperative jurisdictions for tax purposes (sometimes referred to as the EU Tax Grey List).

On 13 March 2026, Bermuda's Minister of Finance designated Bermuda's Corporate Income Tax Agency (CITA) as the 'competent authority' under the International Cooperation (Tax Information Exchange Agreements) Act 2005 and the U.S.A.–Bermuda Tax Convention Act 1986.

Bermuda’s Minister of Finance this week, in a move welcomed by Bermuda’s financial institutions, signed the UK Foreign Account Tax Compliance Act Intergovernmental Model 2 Agreement with the United Kingdom.

The elimination of tax evasion is a laudable objective. Governments miss out on revenue if assets are moved to other jurisdictions to evade taxes, and the impact is greater in poorer countries.

On 17 February 2025, the Government of Bermuda released its third consultation paper on the Corporate Income Tax Act 2023 (CIT Act)...