Bermuda Weighs Corporate Tax as Part of Global Minimum Tax Drive August 9, 2023 Bermuda on Tuesday took steps toward adopting a corporate income tax as part of a move alongside nearly 140 other...
EU to Add Bahamas to Its Tax Haven Blacklist, While Bermuda Is Removed September 27, 2022 By Jorge Valero The European Union is set to add the Bahamas to its blacklist of governments its considers uncooperative in tax matters...
How New International Deal Could Stem Corporate Use of Tax Havens October 12, 2021 By David McHugh FRANKFURT, Germany (AP) – More than 130 countries have forged a deal on sweeping changes in how big global companies...
EU Decision to Put Bermuda on List of Global Tax Havens ‘a Setback’: Premier Burt March 13, 2019 By Emma Farge Bermuda’s Premier David Burt on Tuesday called the European Union’s decision to put the British overseas territory on a list...
U.S. Multinationals Flee No-Tax Caribbean Havens, in Favor of Low-Tax Havens November 15, 2018 By Laura Davison Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that...
Law Firm at Center of Panama Papers Tax Evasion Scandal to Shut Down March 15, 2018 Mossack Fonseca, the Panamanian law firm at the center of the “Panama Papers” scandal, said on Wednesday it was shutting...
Update: EU to Weigh Tax Havens’ Blacklists Following Leak of Paradise Papers November 6, 2017 By Francesco Guarascio European Union states will on Tuesday bring forward a discussion on plans for a tax havens’ blacklists after newly leaked...
Sources Say China Revamps Anti-Money Laundering Rules for Banks Insurers April 18, 2013 By Koh Gui Qing Chinese banks must rate their clients’ risk of criminal conduct on a scale of 1-5 as part of the central...