- 00:11
Announcement of the second phase of public consultation on corporate income tax.
- 00:25
Description of the corporate income tax as a fundamental change to the tax system.
- 00:51
Explanation of the global minimum tax rate agreement for large multinational enterprises.
- 01:30
Incorporation of public feedback into the second consultation paper.
- 02:10
Claim that proposed tax changes will reduce the cost of living in Bermuda.
Second Phase of Public Consultation of Corporate Income Tax
Summary
The video discusses the second phase of public consultation for the implementation of a corporate income tax in Bermuda, emphasizing its potential to reform the tax system significantly. It invites public participation until October 30, 2023, through an online forum.
informativegovernment initiativelacking engagement
