Upcoming Tax Instalment Deadlines: 31 Aug 2026: 1st instalment for companies with fiscal years ending 31 Dec 2026. 15 Sept 2026: 2nd instalment for companies with fiscal years ending 30 Sept 2026. Avoid Interest. Instalment Form 002 now open.

CITA Quarterly Update - June 2026

CITA Quarterly Update - June 2026

The CITA Quarterly Update – June 2026 provides the latest developments from the Bermuda Corporate Income Tax Agency, highlighting key legislative amendments, regulatory updates, and important compliance initiatives.

The report outlines changes to the Corporate Income Tax Act and Tax Credits Act, updates on taxpayer services, filing obligations, and upcoming reporting requirements. It also covers progress on international tax transparency initiatives, including CRS, FATCA, Economic Substance, Country-by-Country Reporting, and the upcoming Crypto Asset Reporting Framework (CARF).

This quarterly update serves as an essential resource for businesses, tax professionals, and stakeholders seeking to stay informed about Bermuda's evolving corporate tax and international compliance landscape.

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