Bermuda is consulting until 8 September 2023 on proposals to introduce a corporate income tax which would apply to Bermuda businesses that are part of MNEs with an annual revenue of €750m. This is the first of a planned series of consultations that have been launched in response to the OECD Pillar Two GloBE rules.
Bermuda is consulting until 8 September 2023 on proposals to introduce a corporate income tax which would apply to Bermuda businesses that are part of MNEs with an annual revenue of €750m. This is the first of a planned series of consultations that have been launched in response to the OECD Pillar Two GloBE rules.