Bermuda & Canada Sign Tax Disclosure Deal

On June 14th 2010, Canada and Bermuda signed the Tax Information Exchange Agreement (TIEA) at the Premier’s official residence at Camden, Bermuda. Under the agreement, dividends of foreign affiliates resident in Bermuda, that are paid to their Canadian parent companies out of the active business income earned in Bermuda, will be exempt from Canadian taxation. … Read more Bermuda & Canada Sign Tax Disclosure Deal