Bermuda Newswire

Bermuda Newswire

Comprehensive Real-Time News Feed for Bermuda.

Results 1 - 20 of 120 in Bermuda

  1. A Caribbean love affairRead the original story w/Photo

    Sunday Dec 10 | The News-Review

    ... through the streets in colorful costumes, dancing to the sounds of traditional music like calypso and steel bands. Bermuda's famous beaches of pink sand are perfect for relaxation, but there's plenty to do in the water, too. Surrounded by teeming ...

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  2. Did The Paradise Papers And Panama Papers Play A Role In The GOP Tax Plan?Read the original story w/Photo

    Wednesday Dec 6 | JD Supra

    ... wealthy individuals have been able to avoid taxes legally by transferring assets to tax-friendly jurisdictions like Bermuda, the Cayman Islands, and Panama. Only when the assets are transferred to the U.S. are they taxed at current rates. In hopes ...

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  3. Medical mystery: Winston Churchill's most secret battleRead the original story w/Photo

    Friday Nov 24 | Philly.com

    ... his private secretary, Jock Colville, later wrote. He didn't stay down for long. In December 1953, Churchill went to Bermuda to meet with President Dwight Eisenhower, who was not aware of Churchill's strokes. Churchill's physician, Lord Moran, his ...

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  4. Spencer Swanson | Penn's inclusion in the Paradise Papers is shamefulRead the original story

    Tuesday Nov 21 | Daily Pennsylvanian

    ... paying through shady offshore investments - largely in loosely regulated territories such as the Cayman Islands, Bermuda, and Puerto Rico - could have gone to bettering our country, both on a federal and state level. The money that is now sitting on ...

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  5. Africa:No Paradise for Citizens Being Cheated of ProfitsRead the original story w/Photo

    Friday Nov 17 | AllAfrica.com

    ... Angola, South Africa and the Democratic Republic of the Congo (DRC). They show how the law firm Appleby, based in Bermuda, helped companies use loopholes in legislation to evade taxes. According to one report, mining company Glencore paid $45 ...

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  6. Republican Tax Bills Would Be Paradise for PlutocratsRead the original story w/Photo

    Nov 14, 2017 | The Nation

    ... that matter. The Paradise Papers -the trove of 13.4 million documents leaked largely from the files of Appleby, a Bermuda-based law firm-detail the many ways the biggest corporations and richest individuals use tax havens to avoid taxes, obscure ...

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  7. Time to abolish the Queen of the KleptocracyRead the original story w/Photo

    Nov 11, 2017 | Sunday Herald

    ... which manages investments for the Queen's A 520m private estate, invested around A 10m in the Cayman Islands and Bermuda-based funds. It also showed that the Queen holds investments in businesses including BrightHouse, which has been accused of ...

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  8. From the Trump administration to Queen Elizabeth II: Everything you...Read the original story w/Photo

    Nov 9, 2017 | Fox News

    ... to know about the Paradise Papers, so named because many of the offshore assets are held in tropical places like Bermuda. The Paradise Papers refers to a trove of 13.4 million documents that expose the offshore assets of some of the world's biggest ...

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  9. Paradise Papers leak: What you need to know about offshore investments by American universitiesRead the original story w/Photo

    Nov 9, 2017 | The Post-Standard

    ... Guardian. It is also reported that schools such as Columbia and Stanford had connections to an investment group in Bermuda prior to 2011. College endowments are usually tax-free, as they are monetary donations given to the universities. These ...

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  10. Paradise Papers Add to Indonesian To-Do List for Asset RecoveryRead the original story w/Photo

    Nov 9, 2017 | Voice of America

    ... so far are only a small, albeit prominent, sample. The documents are drawn from the offshore law firm Appleby in Bermuda, corporate services providers Estera and Asiaciti Trust, and business registries in 19 tax havens worldwide. They list over ...

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  11. Cayman Finance defends offshore operation after Paradise Papers leakRead the original story w/Photo

    Nov 8, 2017 | The Gleaner

    ... was part of Appleby until last year. "The messages that will be shared by me, our partners and stakeholders, is that Bermuda's infrastructure and economy have supported businesses which cover a quarter of the world's catastrophe insurance claims, ...

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  12. Why tax havens persist, and where a rethink could take holdRead the original story w/Photo

    Nov 8, 2017 | Christian Science Monitor

    ... tax havens exist, because definitions vary. Eight jurisdictions figure on just about everyone's list: the Bahamas, Bermuda, the Cayman Islands, Guernsey, Jersey, Malta, and Panama. In 2009, the authors of "Tax Havens: How Globalization Really Works" ...

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  13. Cayman Islands defends integrity of its offshore financial sectorRead the original story w/Photo

    Nov 8, 2017 | Jamaica Observer

    ... until last year. Another six million documents come from 19 corporate registries, mostly located in the Caribbean. Bermuda has also dismissed the report with Premier David Burt stoutly defending the reputation of his island. "The messages that will ...

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  14. Records reveal offshore moves of ultrawealthyRead the original story w/Photo

    Nov 8, 2017 | NWAonline

    ... in the world. In response to recent questions about the trust, Simons said that he had transferred his share to a Bermuda-registered charitable foundation. Stephens used an opaque holding company to own an approximately 40 percent stake in a loan ...

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  15. Prince Charles's estate invested through Caribbean tax havensRead the original story w/Photo

    Nov 7, 2017 | ABC News

    The British Royal family's use of offshore tax havens has been exposed in the Paradise Papers, with the latest revelation showing Prince Charles's estate investing through a friend into a forestry company in Bermuda. Earlier this week it was revealed the Queen's personal estate had committed more than 10 million pounds through tax havens , with some of her money ending up invested in a UK hire purchase company accused of predatory lending.

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  16. EU tax havens blacklist seen in December, but enforcement unclearRead the original story

    Aug 11, 2017 | EurActiv.com

    ... equally keen to go that fast. Jurisdictions in the limelight include offshore banking centres such as Jersey and Bermuda. But some EU countries, notably Luxembourg and Malta have also been criticised for acting as tax havens. This weekend's massive ...

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  17. The exclusive club of offshore accountsRead the original story w/Photo

    Nov 7, 2017 | Boston.com

    ... in the world. In response to recent questions about the trust, Simons said that he had transferred his share to a Bermuda-registered charitable foundation. Stephens used an opaque holding company to own an approximately 40 percent stake in a loan ...

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  18. Apple's secret tax bolthole revealedRead the original story w/Photo

    Nov 7, 2017 | Bangkok Post

    ... in a review of a trove of leaked documents dubbed the "Paradise Papers" from offshore services companies, including Bermuda law firm Appleby that operates branches in tax havens around the world. The newly leaked files, similar to last year's leak ...

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  19. Rich and famous in the Paradise PapersRead the original story w/Photo

    Nov 7, 2017 | Channelnewsasia.com

    ... investments, placed around A 10 million (US$13 million) of her private money in funds held in the Cayman Islands and Bermuda. The funds were reinvested in an array of businesses, including controversial rent-to-own retailer BrightHouse which has ...

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  20. MAS reviewing Paradise Papers; will take action if breaches foundRead the original story

    Nov 7, 2017 | Channelnewsasia.com

    ... taxes. The latest haul contains 13.4 million documents mainly from Appleby, an offshore law firm with offices in Bermuda and beyond, while there are about half a million records from Singapore company Asiaciti Trust, ICIJ said. MAS said that it ...

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