Bermuda government releases draft legislation for adoption of a 15% corporate income tax
|Tax Alerts, Information Reporting, Legis ...|Bermuda
The Bermuda government has released draft legislation for its proposed 15% corporate income tax regime as part of a third public consultation.
The corporate income tax is expected to be enacted prior to 31 December 2023 and be effective for tax years beginning on or after 1 January 2025.
The third public consultation is open for comments until 30 November 2023.
The consideration of a Bermuda corporat…
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