Comments on: BDA & Industry Respond To Paradise Papers https://bernews.com/2017/11/bda-industry-respond-icij-reports/ Bermuda's #1 source for 24/7 breaking news, photos & videos Sat, 04 Apr 2026 18:04:34 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: onion boy https://bernews.com/2017/11/bda-industry-respond-icij-reports/#comment-3567396 Wed, 15 Nov 2017 01:58:49 +0000 http://bernews.com/?p=700726#comment-3567396 Sage – The Queen is not required to pay tax. The Queen pays tax on a voluntary basis.

Next…

]]> By: Infidelguy https://bernews.com/2017/11/bda-industry-respond-icij-reports/#comment-3563691 Sun, 12 Nov 2017 13:44:43 +0000 http://bernews.com/?p=700726#comment-3563691 Here is one definition of what a Tax Haven is:

“A tax haven is a country or place that has a low rate of tax so that people choose to live there or register companies there in order to avoid paying higher tax in their own countries.”

cite: https://www.collinsdictionary.com/dictionary/english/tax-haven

]]> By: sage https://bernews.com/2017/11/bda-industry-respond-icij-reports/#comment-3563672 Sun, 12 Nov 2017 13:23:43 +0000 http://bernews.com/?p=700726#comment-3563672 They keep saying no one can hide money in Bermuda and there is no secrecy, who knew the Queen was avoiding taxes here before this hack/leak?

]]> By: Um.... https://bernews.com/2017/11/bda-industry-respond-icij-reports/#comment-3562973 Sun, 12 Nov 2017 01:44:56 +0000 http://bernews.com/?p=700726#comment-3562973 You clearly lack understanding on the subject. Or paying taxes through legal loopholes isn’t illegal. It is for other countries to fix their tax codes and eliminated those loopholes. That doesn’t make Bermuda a tax haven.

]]> By: Clever https://bernews.com/2017/11/bda-industry-respond-icij-reports/#comment-3562689 Sat, 11 Nov 2017 21:13:29 +0000 http://bernews.com/?p=700726#comment-3562689 Excellent release from the BDA. Very impressive to corral and rally these diverse groups to speak in a unified manner. I’m not sure if people understand the level of diplomacy and gravitas required to achieve this. It is with such calm, assured, factual and forthright messaging that Bermuda can rise above these hypocritical onslaughts.

]]> By: Infidelguy https://bernews.com/2017/11/bda-industry-respond-icij-reports/#comment-3562602 Sat, 11 Nov 2017 19:51:59 +0000 http://bernews.com/?p=700726#comment-3562602 You guys sound like the Trump administration. Blame it on the media’s lack of understanding. What a load of hogwash!

The fact is, Bermuda does not have corporate taxes and is the primary reason that multinational companies choose to setup shell companies here. They do this for one reason and one reason only…to lessen the amount of corporate taxes they pay in their home countries! So in that regard Bermuda is a TAX HAVEN!!!

Get over it!

]]> By: Stay calm https://bernews.com/2017/11/bda-industry-respond-icij-reports/#comment-3562325 Sat, 11 Nov 2017 16:03:52 +0000 http://bernews.com/?p=700726#comment-3562325 Nice to see the BDA taking a calm and assured approach to this. It is very hard to argue with or convince those that simply don’t want to listen/learn.
Stay strong. Stay vigilant. Stay on course.

]]>