Corporate Income Tax (Administrative) Regulations 2025
Download PDF| Year | 2025 |
|---|---|
| Category | Consolidated |
| Last Updated | 2026-02-19 15:30:33 |
|---|---|
| File Size | 218.5 KB |
| Source | bermudalaws.bm |
Table of Contents
- 1. Citation
- 2. Interpretation
- 2A. Definition of shock loss
- 3. Use of electronic records and date convention
- 4. Form of electronic records
- 5. Confidentiality and communications
- 6. Requirement to register, date convention
- 7. Form of registration
- 8. Cancellation of registration
- 9. Filing Bermuda Constituent Entity
- 10. Obligation to pay tax
- 10A. Obligation to provide information in advance of filing return
- 11. Manner of payment
- 12. Requirement to make instalment payments
- 13. First instalment
- 14. Second instalment
- 15. Re-allocation of instalments
- 16. Underpayments in relation to first instalment and second instalment
- 17. Final payment
- 18. Underpayments for a fiscal year
- 19. Interest on underpayments
- 20. Overpayments
- 21. Re-allocation and refund of overpayments
- 22. Interest on overpayments
- 23. Requirement to file and due date for return
- 24. Power to require filing of return
- 25. Amendments to return by taxpayer
- 26. Corrections to returns by Agency
- 27. Document retention
- 28. Timing for enquiries and assessments
- 29. Notice of enquiry
- 30. Closure of enquiry
- 31. Assessments
- 32. Procedure for assessments
- 33. Clearance procedure
- 34. Instalment agreements
- 35. Recovery of tax
- 36. Evidence
- 37. Liquidator to give notice
- 38. Conversion of Euro denominated thresholds in the CIT Act
- 39. Conversion of non-U.S. dollar amounts for payment of tax due in U.S. dollars
- 40. Commencement
- 2024. makes the following Regulations:
- 1. These Regulations may be cited as the Corporate Income Tax (Administrative)
- 2. In these Regulations, unless the context otherwise requires—
No cases currently cite this legislation.