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Global Minimum Tax May Reduce Bermuda’s Competitive Edge – Fitch

Fitch Ratings has predicted that the net profitability gap between Bermuda and non-Bermuda incorporated companies may narrow over time given the expected passage of the OECD-driven multilateral agreement to establish a 15% global minimum tax rate. The 15% global minimum tax rate is expected to be ratified under Pillar Two of the OECD Inclusive Framework […]