Hashtag: #TaxAgreements
Tax Agreement Signed With China
Bermuda signed a bilateral agreement with the People’s Republic of China that provides for a full exchange of information on tax matters between the two countries. The signing of the Tax Information Exchange Agreement (TIEA) took place at a ceremony at Camden the Premier’s official location for signing a number of recent TIEAs. The TIEA was... Read more of this article
Bermuda To Sign TIEA With China
Tomorrow, the Premier and Minister of Finance Paula Cox will sign a Tax Information Exchange Agreement (TIEA) with the Peoples Republic of China. This will be the third such treaty signed in Bermuda, after TIEAs with Canada and Portugal were signed earlier this year. To date Bermuda has signed a total of 23 Agreements (22 TIEAs and one Double Taxation... Read more of this article
Premier & Minister In India: Sign Tax Agreement
Bermuda today [Oct 7] signed a Tax Information Exchange Agreement (TIEA) with India. The signing of the agreement took place at a ceremony at Ministry of Finance in New Delhi, India and was attended by Premier Dr Ewart Brown and Minister of State for Finance, Mr. S.S. Palanimanickam, who signed the agreement for India. Also in attendance was the Minister... Read more of this article
Gov Mulls Waiving Payroll Tax For Restaurants
In a meeting held earlier this week, delegates of the Restaurant Division of the Bermuda Chamber of Commerce met with senior Ministry officers to follow up on concerns about the “tremendous financial challenges” that the Restaurant Division finds themselves under. Minister of Finance Paula Cox said the Government is considering signing a Memorandum... Read more of this article
Florida Democrat Opposes Neal Bill
This past week saw movement on the American tax proposal targeting offshore reinsurance transactions, as lawmakers on the U.S. House Ways and Means Committee debated the issue this past week, but reports say the panel appears a long way away from voting on the measure. Senators have yet to introduce companion legislation and have not held any hearings... Read more of this article
Bermuda Signs Tax Agreement With Canada
Bermuda today [June 14] signed a bilateral agreement with Canada that provides for a full exchange of information on criminal and civil tax matters between the two countries. The signing of the Tax Information Exchange Agreement (TIEA) took place at a ceremony today at the Premier’s official residence at Camden. The TIEA was signed by the Hon. Paula... Read more of this article
BDA Finishes Tax Negotiations With Indonesia
Minister of Finance Paula Cox announced today [June 14] that Bermuda and the Republic of Indonesia have completed negotiations of a bilateral tax information exchange agreement [TIEA]. The TIEA is expected to be signed later this year after both countries’ internal approval processes have been completed. The TIEA will provide for a full exchange of... Read more of this article
Bermuda & Brazil Complete Tax Treaty Negotiations
The Minister of Finance Paula Cox announced that Bermuda and Brazil have completed negotiations of a bilateral tax information exchange treaty (TIEA) with the Government of Brazil. The TIEA is not yet signed. It is expected to be signed later this year after both countries’ internal approval processes have been completed. The TIEA would provide for... Read more of this article
Bermuda Concludes TIEA Talks With Italy
Bermuda concluded negotiations of a bilateral agreement with the Italian Republic that will, upon signing later this year, provide for a full exchange of information on criminal and civil tax matters between the two countries. Minister Cox intends to sign with the Italian Republic following the conclusion of Italy’s internal approval process, later... Read more of this article
Bermuda Signs Tax Agreement With Portugal
Bermuda today signed a Tax Information Exchange Agreement (TIEA) with the Portuguese Republic that provides for a full exchange of information on criminal and civil tax matters. This agreement marks Bermuda’s 21st signed agreement, with provisions for the exchange of information for tax purposes. The TIEA was signed by the Minister of Finance... Read more of this article
Bermuda Finish TIEA Negotiations With China
Finance Minister Paula Cox announced conclusion of negotiations on a Tax Information Exchange Agreement [TIEA] with the People’s Republic of China. China is one of the world’s largest economies, and currently, there are 680 entities in Bermuda with Chinese interest. Minister Cox stated: This agreement is a significant step forward in Bermuda... Read more of this article
Minister Burch In Washington to Sign Treaty
Answering a query posed by another media organization, Minister David Burch flew to Washington on Wednesday to sign a tax treaty with the Kingdom of Bahrain. The signing of the Double Taxation Agreement (DTA) with the Kingdom of Bahrain agreement took place yesterday [Apr 22] at a ceremony in Washington, D.C. and was attended by Lieutenant Colonel David... Read more of this article
Bermuda Signs Tax Agreement with South Africa
Bermuda has signed our 19th Tax Information Exchange Agreement [TIEA], and our first with an African nation – South Africa. The TIEA agreements serve to facilitate for a full exchange of information on criminal and civil tax matters between countries. Finance Minister Paula Cox stated: Mr. Speaker, the conclusion of negotiations of a TIEA... Read more of this article
