US tax law may deter talent

| 29/10/2008

(Royal Gazette): Former Bermuda Premier Sir John Swan has described a new tax law which stops the deferral of income tax paid on compensation earned by US taxpayers working there as a "warning shot across our bows". The Emergency Economic Stablisation Act of 2008, which was enacted at the start of this month, added the new section to the US Internal Revenue Code. Go to article.

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