Bermuda tax issue Archives - Carrier Management

Tax-Dodge Scrutiny in U.S. Repels Bidders From Bermuda Takeovers

The IRS's scrutiny of tax avoidance in offshore locations has discouraged bidders from taking over reinsurers, potentially reducing the companies' value. Montpelier Re Holdings Ltd. and Platinum ...

Treasury Concerned About Hedge Funds Using Bermuda Reinsurers to Skip Taxes

The U.S. Treasury Department said it's considering ways to end a "loophole" that allows hedge- fund managers to avoid taxes by routing their investments through an insurance company in low-tax ...