Hashtag: #Europe

Bermudian Aboard Cruise Ship During Tragedy

Bermudian Aboard Cruise Ship During Tragedy

Bermudian Dr. Kyjuan Brown planned to enjoy a cruise in Europe on the Norwegian Epic, however tragedy struck when a fellow passenger went overboard, with the Coast Guard and the ship’s passengers – including Dr. Brown – taking part in a search that sadly proved to be unsuccessful. When the woman was first reported missing, the ship’s... Read more of this article

Kempe On EU Removing Island From Tax List

Kempe On EU Removing Island From Tax List

“Bermuda has consistently demonstrated its commitment to combating money laundering and terrorist financing, therefore it was regrettable that a ‘minor technical omission’ led to a major fail,” Shadow Finance Minister Nick Kempe said. Senator Kempe said, “In addition to the potential reputational damage and inhibition... Read more of this article

Bermuda Industry Groups Applaud EU Decision

Bermuda Industry Groups Applaud EU Decision

Bermuda’s global industry groups have welcomed today’s [May 17] decision by the Economic & Financial Affairs Council [ECOFIN] in Brussels to remove Bermuda from a list of non-cooperative tax jurisdictions after all sectors worked collaboratively with Bermuda’s government and regulator to ensure a successful result. “We applaud today’s... Read more of this article

Bermuda Removed From EU Tax Blacklist

Bermuda Removed From EU Tax Blacklist

[Updated] Bermuda has been removed from the ‘EU list of non-cooperative tax jurisdictions,’ the Council of the European Union has officially confirmed today [May 17]. The statement said, “The Council today decided to remove Aruba, Barbados and Bermuda from the EU list of non-cooperative tax jurisdictions. “The EU list is contributing... Read more of this article

EU: ‘Should Remove Bermuda From The List’

EU: ‘Should Remove Bermuda From The List’

The Council of the European Union said they are “expected to approve an update to the list of non-cooperative jurisdictions” tomorrow and “the Council should decide to remove Aruba, Barbados and Bermuda from the list.” This is as “Bermuda implemented its commitment to introduce substance requirements under criterion 2.2″... Read more of this article

Report: EU To Remove Island From Tax Blacklist

Report: EU To Remove Island From Tax Blacklist

The European Union will remove Bermuda from their tax blacklist on May 17th, according to a report from Bloomberg. The story said, “The European Union will eliminate Aruba, Bermuda and Barbados from its tax haven blacklist because they are changing their corporate tax laws. “EU finance ministers will approve the removal at a meeting on May... Read more of this article

Minister: Acting To Be Removed From EU List

Minister: Acting To Be Removed From EU List

“Bermuda has acted promptly and effectively in order to be formally removed from the EU list,” Minister of Finance Curtis Dickinson said, adding that they believe that the EU will remove Bermuda from the tax blacklist on May 17th. Speaking in the House of Assembly today [May 10], the Minister said, “On March 28, Premier David Burt... Read more of this article

Premier David Burt Meets With Pierre Moscovici

Premier David Burt Meets With Pierre Moscovici

Premier David Burt met with Pierre Moscovici, the European Union Commissioner of Economic and Financial Affairs, Taxation and Customs, and the Government said they “look forward to continued dialogue with the Commission,” adding that “Bermuda is confident that we will be removed from the list of non-cooperative jurisdictions for tax... Read more of this article

Premier, Minister To Attend Meetings In Europe

Premier, Minister To Attend Meetings In Europe

Premier David Burt and Minister of Finance Curtis Dickinson will lead a Bermuda team to Europe for a round of meetings aimed at laying the groundwork for Bermuda’s removal from the EU’s list of non-cooperative tax jurisdictions. The Premier said, “Through our representatives in London and Brussels we have secured a number of important meetings... Read more of this article

Minister: We Will Work To Be Removed From List

Minister: We Will Work To Be Removed From List

Bermuda is in close consultation with the UK Government to assist with the delisting process and Bermuda officials will visit key EU Ministers or their officials in Brussels, Paris, and Berlin to reinforce Bermuda’s position, Minister of Finance Curtis Dickinson. This follows after the EU announced that Bermuda was one of ten jurisdictions they placed... Read more of this article

Premier: Inclusion On EU Tax List Is Temporary

Premier: Inclusion On EU Tax List Is Temporary

“Bermuda’s inclusion on the EU’s list of non-cooperative tax jurisdictions is only temporary,” Premier David Burt said in Parliament today [March 13], adding that in eight weeks Bermuda will have the opportunity to be removed from the list, and he expects that “this will be done as our existing laws meet the standard required by... Read more of this article

EU Announce Bermuda Added To ‘Tax Blacklist’

EU Announce Bermuda Added To ‘Tax Blacklist’

[Updating] Summary:EU announced that Bermuda has been added to the list of ‘non-cooperative jurisdictions for tax purposes’ EU also added Aruba, Barbados, Belize, Dominica, Fiji, Marshall Islands, Oman, United Arab Emirates, Vanuatu, and there are now 15 jurisdictions on the list EU stated, “Bermuda facilitates offshore structures and arrangements... Read more of this article

Report: EU To Add Bermuda To ‘Tax Blacklist’

Report: EU To Add Bermuda To ‘Tax Blacklist’

[Updated] The European Union is reportedly set to add Bermuda to their blacklist on Tuesday, according to a report today [March 11] from Reuters, while Bloomberg is reporting that “the United Arab Emirates, Bermuda, and several other jurisdictions are holding last-minute negotiations with the European Union to avoid being added to the bloc’s... Read more of this article