Hashtag: #WashingtonDC
Bermuda Welcomed Into The IWF
Premier Paula Cox has announced that Bermuda has been officially inducted into the International Women’s Forum [IWF] and has been invited to form a Chapter on island. Premier Cox was is in Washington DC this week, attending the high level forum and is leading a delegation of local Bermudian women including Grace Shelton, Dame Jennifer Smith, Patricia... Read more of this article
ABIR Lobbies Deficit “Super Committee”
Significant changes in the US National Flood Insurance Programme [NFIP] -— including an end to all subsidies within five years — are being proposed by a diverse coalition including the Association of Bermuda Insurers & Reinsurers. Organised by lobbying group SmarterSafer.org — which describes itself as favouring “environmentally-responsible,... Read more of this article
Local Group To Attend Women’s Forum
The Premier and Minister of Finance Paula Cox will lead a delegation of local women from both the public and private sectors to the International Women’s Forum (IWF) from October 26-28th in Washington D.C. The International Woman’s Forum goal is to advance women’s leadership across careers, cultures and continents by connecting the world’s most... Read more of this article
“Tax Holiday” Will Boost Deficit, Not Jobs
In an editorial yesterday morning [Oct. 24] “The New York Times” says US corporations arguing that a “tax holiday” for profits held off-shore in jurisdictions including Bermuda would help to create jobs, mainly by giving them money to hire and expand. But the newspaper goes on to point out the National Bureau of Economic Research,... Read more of this article
Lobbying Battle Over “Tax Holiday” Plan
Goaded by battalions of corporate lobbyists, members of the US Congress are working to give a select group of US multinational firms like Apple, Oracle and Pfizer a lavish tax break on a trillion dollars kept offshore in financial centres including Bermuda. The Center for Public Integrity — an American nonprofit organisation dedicated to producing... Read more of this article
Dr. King’s Dream Inspires Bermuda Meeting
On the eve of this weekend’s official dedication of the Dr. Martin Luther King Jr. Monument in Washington DC, community group Imagine Bermuda is hosting a symposium tonight [Oct.13] inspired by the American civil rights leader who embodied selfless public service and dedication. The public meeting’s theme — “What might motivate... Read more of this article
IRS Probes Google’s Bermuda Tax Avoidance
The US Internal Revenue Service is auditing how Google Inc. avoided American federal income taxes by shifting profits to subsidiaries in Bermuda and other off-shore jurisdictions, Bloomberg is reporting today [Oct. 13]. The agency is bringing “more than typical scrutiny to how the company valued software rights and other intellectual property... Read more of this article
US Senate Report Critical Of “Tax Havens”
US Senator Carl Levin, chairman of the Senate Permanent Subcommittee on Investigations, released a report today [Oct. 12] that found that a 2004 repatriation tax break allowing US companies to bring $312 billion in offshore earnings back to the United States from off-shore domiciles including Bermuda at an extraordinarily low tax rate did not produce... Read more of this article
DC: “Bermuda On the Potomac”
Efforts to transform Washington DC into “Bermuda On The Potomac” — an onshore domicile for leading American re/insurers — are gaining momentum. The District of Columbia would become a domestic tax haven for insurers setting aside reserves to cope with natural catastrophes if newly proposed legislation in the US Congress becomes... Read more of this article
Cox, Burgess, Wilson Meet With U.S Officials
Today [June 12] Premier Paula Cox lead a Ministerial Delegation to Washington, DC for meetings with Congressional Members in the Senate and the House of Representatives as well as with high level officials in President Obama’s Administration including the Departments of Treasury, State and Labour. Premier Cox is joined by Deputy Premier and Minister... Read more of this article
Director of DCI To Head Washington DC Office
The Cabinet office has announced that Ms. Beverle Lottimore has been seconded to head the Bermuda Government office in Washington DC. Ms. Lottimore, Director of the Department of Communication and Information for the past eight years will undertake the responsibility of managing and developing the DC office for a period of 3-years beginning July 2011. Ms.... Read more of this article
Like Father Like Son: Brown Jr Graduates From Howard
Ewart ‘Trey’ Brown recently graduated from Howard University in Washington D.C, receiving a Bachelor of Arts degree in Radio, Television and Film. Mr Brown is the son of former Premier Dr Ewart Brown and his former wife Priscilla Murray Brown. Prior to attending Howard University – his father’s alma mater – he attended... Read more of this article
