This Act provides for the imposition of tax on valuation units, i.e. a private dwelling excluding a valuation unit which is used as or forms part of an hotel, cottage colony, guest house, lodging house, club or tourist accommodation. The Act also provides exemptions from taxation.
Amended by: Land Tax Amendment Act 2010 (No. 20 of 2010). (2010-07-01)
Amended by: Land Tax Amendment Act 2012 (No. 7 of 2012). (2012-03-27)
Amended by: Land Tax Amendment Act 2013 (No. 3 of 2013). (2013-03-26)
Amended by: Land Tax Amendment Act 2015 (No. 9 of 2015). (2015-03-29)
Amended by: Land Tax Amendment Act 2016 (No. 16 of 2016). (2016-03-30)
Authors and Publishers
Government of Bermuda
Bermuda was first settled in 1609 by shipwrecked English colonists heading for Virginia. Self-governing since 1620, Bermuda is the oldest and most populous of the British overseas territories. Vacationing to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has also developed into a highly successful offshore financial center. A referendum on independence from the UK was soundly defeated in 1995.
The FAO Legal Office provides in-house counsel in accordance with the Basic Texts of the Organization, gives legal advisory services to FAO members, assists in the formulation of