Executive Summary Bermuda’s Corporate Income Tax Agency reminds taxpayers with a 31 December 2025 fiscal year-end that Corporate Income Tax and Tax Credit Benefits returns are due 2 November 2026 via CITA Online. The obligation applies to MNE groups with annual revenue of EUR 750 million or more under the Corporate Income Tax Act 2023
On 2 October 2026, the Government of Bermuda’s Ministry of Finance, led by Premier and Minister of Finance the Hon. E. David Burt, JP, MP, delivered a Ministerial Statement titled “Government Fiscal Performance Update.” This statement addresses the jurisdiction’s current fiscal position, including tax revenue collections, expenditure trends, and forward-looking budgetary projections critical for multinational
Bermuda: Bermuda Finance Ministry Releases Fiscal Performance Update Read More »
On 29 September 2026, the Government of Bermuda officially published the Assent Notice for the Payroll Tax Rates Amendment Act 2026 (Gazette Notice GN0841/2026). This legislative amendment modifies the existing payroll tax framework, adjusting tax rates and potentially altering employer contribution thresholds, exemption criteria, and filing requirements for the 2026 fiscal year. The assent signifies
Bermuda: Bermuda Enacts Payroll Tax Rates Amendment Act 2026 Read More »
