Aspire, a Bermuda-based health and wellness brand dedicated to preparing clients with nutritious, gourmet meal options, hosted a charitable “Sip & Shop” event yesterday.
Founder and owner Andresa Tucker organized the event to support local businesses and community initiatives, with 50% of proceeds going to the charity Home.
Local vendors were also in participation, adding to the vibrant atmosphere of shopping, socializing, and entertainment, all for a great cause.
Public consultation open until 19 June on proposed technical changes to the CIT
The Government of Bermuda issued the following media release.
Today, the Corporate Income Tax Agency (CITA) released a consultation paper seeking public feedback on proposed technical amendments to the Corporate Income Tax Act 2023 (the Act) and a minor revision to the Corporate Income Tax Agency Act 2024. An illustrative draft bill is included for reference.
The proposed amendments aim to clarify specific provisions, align the Act more closely with the GloBE Rules where appropriate, and incorporate updates reflecting Administrative Guidance issued since the Act’s original enactment.
CITA acknowledges that some stakeholder feedback has already been considered and, where relevant, incorporated into the draft legislation. Through this public consultation, CITA invites further input on the revised illustrative draft and suggestions for any additional guidance needed to support implementation.
The consultation period will run from 29 May 2025 to 19 June 2025, and submissions received after the deadline will not be considered.
Please email responses to consultation@cita.bmwith “Corporate Income Tax Act Technical Amendments” in the subject line.
The Government encourages all stakeholders to review the proposals and provide comments or suggestions to help strengthen the legislative framework.
Traffic diversions in place, motorists urged to use caution
A single-vehicle collision has been reported on Warwick Lane, resulting in the roadway being blocked, according to police.
A BPS spokesperson advised quote, “Traffic diversions are in place at the junction of Spice Road and Warwick Lane as well as Khyber pass and Middle Road.”
“Motorists are advised to use caution when approaching these areas.”
Former Premier says the late US Congressman opened doors as Bermuda sought tax treaty essential to IB growth
Charles Rangel, Harlem-Born U.S. congressman, passed away at 94 years old this week.
He was the last of the so-called “Gang of Four” or “Lions of Harlem” alongside Basil Paterson, Percy Sutton, Herman “Denny” Farrell and former Mayor David Dinkins – breaking down race and class barriers, and cutting paths for others to follow.
He also had a relationship with Bermuda.
In the 1980s, he helped then-Premier Sir John Swan as he advocated for the tax treaty that underpinned the growth of international business in Bermuda.
Sir John spoke to our Gary Foster Skelton (WATCH above).
Premier and Finance Minister David Burt argued that the government has made up to $45m in tax cuts under their administration
MPs today passed a raft of duty breaks on imported goods and materials, including new rates for retail utility useage.
The “Customs Tariff Amendment Act 2025” will see travelers’ duty allowance increase to $300, duty reductions for imported construction materials, and zero duty on car vehicle parts.
The Opposition One Bermuda Alliance, while supportive, said the bill did not go far enough.
Premier David Burt argued that fuel tax cuts across the board have saved the average household $300 per year.
Shadow Finance Minister Dr. Doug De Couto argues for more targeted tax relief during the sitting in the House of Assembly.
With everything at stake, Bermuda’s senior men’s football team enters a crucial stage of World Cup qualifying. And from coaching honours to tough tests on the water, it’s been a busy week for Bermuda’s athletes at home and abroad.
Bernard’s Park was the vibrant setting once again for the Bermuda Netball Association’s Summer League, with another evening of closely fought matches in both the Women’s and Co-Ed Divisions.
In the Women’s Division, the sole encounter saw Phoenix Flames edge out Lady Stars in a compelling 27-18 victory. Eshe Grant’s impressive 14 goals led the Phoenix charge, while Julesa Robinson top-scored for Lady Stars.
The Co-Ed Division provided two intriguing clashes. The opener saw Bean Counting Netballerz narrowly defeat Front Street Mafia 21-16, with Jahkenya Trott leading the scoring for the victors.
The final match of the night witnessed a more dominant performance as Goal Diggers proved too strong for Storm Chasers, securing a 31-19 win. Zhanae Simmons led the scoring for Goal Diggers, while Antione Williams put in a strong performance for Storm Chasers despite the loss.
Another exciting round of Summer League netball underscores the competitive spirit and talent within the Bermuda Netball Association.
Kiwon Waldron had a marathon night of harness racing at Harrah’s Hoosier Park in Indiana, featuring in no fewer than eight races across the card.
Waldron showcased his versatility, competing in both the Pace and Trot classes throughout the evening. His night saw a string of consistent performances, including multiple sixth-place finishes with Six Sticks Of Gum, Rock Party, and Midnite’s Pro, and a fifth-place finish aboard Firing Onall Fours. He also navigated a larger field to finish ninth with Bull Market.
But the perseverance paid off in Race 9, a Trot class event. Waldron expertly guided Wiggy Hill through the pack, making a decisive move in the final stretch to seize victory, crossing the line in a winning time of 1 minute, 57 and three-fifths of a second.
Waldron’s busy night continued immediately after his win, securing a fifth-place finish in the very next race with Great Flick. His final drive of the evening saw him finish seventh in the last race aboard Youda Shark. Despite the demanding schedule, Waldron’s victory was the clear highlight of a long and active night at Hoosier Park.
Bermuda’s sailors have faced a challenging opening day at the 2025 Team Racing World Championship Challenge, currently underway on Narragansett Bay in Rhode Island.
The prestigious event saw the Bermudian team eager to make a strong start against a competitive international fleet. However, the first day of racing proved to be a difficult one on the water.
Bermuda began their campaign with a defeat against Corinthian, followed by another loss against Newport Harbor. Their third race against Newport Harbor YC also ended in a setback. The challenges continued as they faced Kiwi Racing, the Italian Team, and finally the Swedish team in their final race of the day, with all three encounters resulting in further defeats.
At the close of the opening day, the Bermuda team finds themselves with a record of zero wins and six losses. While it was a tough start to the championship, team racing is a demanding event that often sees fortunes change.
The Bermuda sailors will be determined to regroup and analyse their races as the competition continues tomorrow. They will be aiming to find their rhythm and secure those crucial victories that can propel them back into contention in this World Championship. With their known resilience and sailing prowess, a stronger performance on day two will be the target.
Caitlyn Bobb has made a flying start to her NCAA East First Round campaign in Jacksonville, Florida. Representing Virginia Tech, the talented sprinter impressed in the Women’s 400 meters.
Facing a strong field in Heat 6, Bobb ran a well-judged race to finish second, clocking a time of 51.53 seconds. This impressive performance saw her qualify comfortably for the Quarter-Finals, placing seventh overall in the preliminary round.
This is a significant step for Bobb as she aims to progress through the NCAA East First Round. Her time of 51.53 seconds underlines her consistent form and her ability to compete against some of the top collegiate athletes in the United States.
The Quarter-Finals will undoubtedly present a sterner test, but Caitlyn Bobb will be looking to build on this positive start. Track and field fans back in Bermuda will be keenly following her progress as she continues her pursuit of a coveted spot in the NCAA Championships.
Local media described the victim as a cryptocurrency investor and being of Italian-descent
William Duplessie appears in Manhattan Criminal Court as an indictment is prepared to be handed down for his involvement in the Crypto Currency kidnapping, in New York City, U.S. May 30, 2025. Jefferson Siegel/Pool via REUTERS
International news via Reuters:
William Duplessie, one of the two men charged in New York with kidnapping a man for three weeks in Manhattan’s upscale SoHo neighborhood, shocking him with electric wires, and dangling him over a staircase to try to get him to give up his Bitcoin password, appeared in court on Friday.
In court, a prosecutor with the Manhattan District Attorney’s office told Judge Kacie Lallie that Duplessie, 33, has not yet been indicted. His co-defendant, John Woeltz, was indicted by a grand jury on Thursday and is due to be arraigned on June 11, prosecutors said.
Duplessie, wearing beige prison garb, was led handcuffed out of the courtroom after the brief hearing ended. Both he and Woeltz, who was arrested on May 23, had been ordered jailed earlier this week.
Duplessie was arrested on Tuesday. His lawyer, Sam Talkin, declined to comment after Friday’s hearing.
Local media have called Woeltz a cryptocurrency investor and described the alleged victim as an Italian man. Both Woeltz and the alleged victim had ties to a crypto hedge fund in New York, the New York Times reported, citing an internal police report described by a law enforcement official.
When the man refused to share his password, Woeltz and Duplessie allegedly began a series of brutal beatings over three weeks in a luxury townhouse until the man managed to escape. They tied his wrists, hit him on the head with a gun, and threatened to kill his family, according to the complaints against the two men.
Woeltz has been indicted by a grand jury and is due to be arraigned on June 11, prosecutors said on Thursday. Neither Woeltz nor Duplessie has entered pleas.
Reporting by Luc Cohen in New York;Editing by Noeleen Walder and Aurora Ellis
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
