Cultural Goods and Bermuda Tax Law

Posted 13/01/2012 • Under Legal Memoranda

The following Memorandum has been prepared for the assistance of anyone who is considering importing “Cultural Goods” (which includes artwork and antiques) into Bermuda, and who may later wish to sell those Cultural Goods. It deals in broad terms with the requirements of Bermuda law and, where applicable, the policies of the Bermuda Government. It is not intended to be exhaustive but merely to provide general information to our clients and their professional advisers. We recommend that our clients seek legal advice in Bermuda on their specific proposals before taking any steps to implement them.