Bermuda sets out more details on 15% taxation proposal
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Bermuda sets out more details on 15% taxation proposal


The Bermudian government has issued draft legislation for a 15% corporate income tax as part of its third public consultation paper on the subject.

The proposed tax would be applicable to Bermuda tax-resident entities and permanent establishments that are part of multinational enterprise groups with an annual revenue of at least EUR750mn ($793mn), according to a note from PwC.


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