Bermuda is removed from EU's Annex II
Premier and Minister of Finance, David Burt said: "Bermuda prides itself on being a transparent jurisdiction and always compliant with EU standards.
- Premier and Minister of Finance, David Burt said: "Bermuda prides itself on being a transparent jurisdiction and always compliant with EU standards.
- We committedto addressing the recommendation in Annex II and are pleased with this positive decision.
- As always, Bermuda remainscommitted to cooperating with the OECD FHTP and EU Code of Conduct Group (Business Taxation) in implementing tax governance standards."
- At the OECD FHTP meeting in April 2022, it was confirmed that Bermuda had met the recommendation, which was then removed.