Comments on: Bermuda To Sign US, UK Tax Agreements https://bernews.com/2013/05/bermuda-to-sign-us-uk-tax-agreements/ Bermuda's #1 source for 24/7 breaking news, photos & videos Sat, 30 May 2026 22:54:39 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: Choas Theory https://bernews.com/2013/05/bermuda-to-sign-us-uk-tax-agreements/#comment-554807 Thu, 02 May 2013 12:35:34 +0000 http://bernews.com/?p=187653#comment-554807 “why didnt you sign a similar agreement to Switzerland?”

Uuuummmm – Switzerland signed a Model #2 IGA with the US. Same as Bermuda is doing.

Disclosure facilities like the LDF with UK will be available with the UK Agreement.

Facts, Facts, Facts – they are a wonderful thing.

]]> By: Choas Theory https://bernews.com/2013/05/bermuda-to-sign-us-uk-tax-agreements/#comment-554804 Thu, 02 May 2013 12:32:56 +0000 http://bernews.com/?p=187653#comment-554804 US FACTA Applies no matter what.

Some concessions can be obtained under Model 1 or 2 IGA with US

UK will not let Bermuda sign IGA with US unless Bermuda signs similar agreement with UK.

What would you have done, nothing?

]]> By: Standing Strong for Insurance Companies Only https://bernews.com/2013/05/bermuda-to-sign-us-uk-tax-agreements/#comment-553631 Thu, 02 May 2013 00:49:12 +0000 http://bernews.com/?p=187653#comment-553631 Uncle Bob and Team OBA,

This was a bad move, you just made over 500+ people in wealth management redundant when these profitable relationships leave for jurisdictions that have no such arrangement with the UK, dont you guys research? why didnt you sign a similar agreement to Switzerland?

Now the OBA needs to find 2000 + 500 more jobs.

And no I dont want to hear “the Technical Advisors in the Ministry told us to sign it”

]]> By: kat https://bernews.com/2013/05/bermuda-to-sign-us-uk-tax-agreements/#comment-553558 Thu, 02 May 2013 00:09:31 +0000 http://bernews.com/?p=187653#comment-553558 So this is the big IB plan! Chase them home. WOW

]]> By: Luis Suarez https://bernews.com/2013/05/bermuda-to-sign-us-uk-tax-agreements/#comment-553466 Wed, 01 May 2013 23:10:42 +0000 http://bernews.com/?p=187653#comment-553466 Er, not sure it is, the tax position for UK and US nationals worsens, it’s a major issue, and if it continues those expats won’t be able to visit home regularly and will leave. And if the expats go, so does the Reinsurance industry as we know it, and so do your jobs bie. Not just Reinsurance folk, but restaurants, shops, hotels, painters, builders, taxi drivers, caterers. Everyone except policemen, gangsters and government workers, and I think we might have enough of those. Full marks Mr Richards, good crystal balling.

]]> By: Jael21 https://bernews.com/2013/05/bermuda-to-sign-us-uk-tax-agreements/#comment-553253 Wed, 01 May 2013 20:44:34 +0000 http://bernews.com/?p=187653#comment-553253 Bad move Bermuda.

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