Bermuda Consulting on Proposed Amendments to the Corporate Income Tax Act and Tax Credits Act

Bermuda's Corporate Income Tax Agency has announced the launch of a public consultation on Corporate Income Tax Act And Tax Credits Act Proposed Amendments, which aim to clarify specific provisions within the legislation. The Corporate Income Tax Act amendments will be of interest primarily to corporate income taxpayers, while the Tax Credits Act amendments will be relevant to all entities intending to claim a tax credit, including both corporate income taxpayers and those who are not in sc…