Update – Corporate Income Tax Act 2023
![Brian Holdipp](https://731dd0.p3cdn1.secureserver.net/wp-content/uploads/userphoto/10.jpg)
Following rounds of consultation with the public and affected industry stakeholders, the Bermuda Government on 8 December 2023 tabled historic legislation with the laying of the Corporate Income Tax Act 2023 (the “Act”). The corporate income tax rate has been set at 15%. It will be effective...