Bermuda Tax Treaties

Bermuda has a limited number of tax agreements. A Tax Information Exchange Agreement (TIEA) exists with the United States and over 40 other jurisdictions. Bermuda participates in the Common Reporting Standard (CRS) for automatic exchange of financial information. With the introduction of CIT, Bermuda may develop a treaty network over time. The territory is also party to the OECD Multilateral Convention on Mutual Administrative Assistance in Tax Matters.