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On 14 June 2018 the Mauritian Prime Minister, in his capacity as Minister of Finance, tabled the National Budget for the fiscal year 2018/2019 under the theme "Pursuing Our Transformative Journey".

The Government of Bermuda recently announced the possible introduction of corporate income tax in Bermuda once it has conducted a series of consultations.

Our last Economic Substance update of 15 April 2020 highlighted the measures and considerations announced by the relevant authorities in the BVI, Cayman and Bermuda...

Financial institutions in Bermuda, such as banks and trust companies, will soon be obliged to provide information to foreign tax authorities.

The advantage of a partnership is that it is versatile enough to handle a wide scope of business activities and this Guide provides an overview of partnerships generally and the more commonly used exempted limited partnerships.

The Corporate Income Tax Act 2023, was enacted on 1 January 2024 and on 1 January 2025, the operating provisions of this legislation will be effective for fiscal years beginning on or after 1 January 2025.

Following the enactment of Bermuda's Corporate Income Tax Act (the "CIT Act") in December 2023, in July 2024, the Government of Bermuda passed the Corporate Income Tax Agency Act (the "Agency Act")...

Bermuda provides a flexible, cost effective regime for the formation and administration of private trust companies (PTCs), which are not regulated as a trust business.

This edition of the Bermuda Public Companies Update summarises significant transactions involving Bermuda companies listed on the New York Stock Exchange and Nasdaq in the second half of 2024.

This edition of the Bermuda Public Companies Update summarises significant transactions involving Bermuda companies on the New York Stock Exchange and Nasdaq in the second half of 2024.

In each case, they are restricted to purchases of fractionals, tourist accommodation/hotel residences and higher-end residences/condominiums.

In August 2024, Bermuda's Ministry of Finance published a public consultation paper setting out certain proposed compliance obligations for Bermuda corporate taxpayers including certain anticipated...

The partnership is a popular vehicle for international ventures primarily because it is regarded in most jurisdictions (including the U.S. and the U.K.) as fiscally transparent.