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Bermuda Consulting on Corporate Income Tax Regime for Large MNEs in Response to Pillar 2 Global Minimum Tax

|Proposed Changes|Bermuda
Bermuda

The Government of Bermuda has announced a public consultation on the introduction of a new corporate income tax regime for taxpayers in Bermuda that are members of an MNE group with annual revenue of EUR 750 million or more. The regime is in response to the Pillar 2 global minimum tax and is meant to essentially mitigate the amount of top-up tax that would be payable to other jurisdictions wit…

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