Tax Haven Bermuda Companies 2014 Total Audited Earnings Were $20.2 Bil, Up 34% Over 2013 and As Compared To 2008 Total Losses of $5.6 Bil ..... Two Year 2013-14 Earnings Were $35.1 Bil, Up 715% Over Two Year 2008-9 Earnings of $4.3 Bil ..... It's Incredible How Many Companies Are Paying Such Little Tax ..... US Domestic Companies Paying Their Fair Share of Taxes Must Be Furious ..... Where in the World Has the US Congress Been?

From an SEC review of Companies HQd in Bermuda with all financial statements prepared in US Dollars, and with current stock market capitalizations of more than $100 mil, I found the following 50 Companies presented in market cap order:

			2014	2013	2012	2011	2010	2009	2008
		Most	Audited	Audited	Audited	Audited	Audited	Audited	Audited
		Recent	Net	Net	Net	Net	Net	Net	Net
Bermuda Companies	City HQs	2014	Income	Income	Income	Income	Income	Income	Income
Filing With US SEC in US$s		FYE	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)
			mil $s	mil $s	mil $s	mil $s	mil $s	mil $s	mil $s
Invesco Ltd	Atlanta, GA	Dec	1,005	918	569	622	637	209	421
Norwegian Cruise Lin Holdings Ltd	Miami, FL	Dec	343	103	169	127	23	67	(212)
Bunge Ltd	White Plains, NY	Dec	485	110	378	965	2,350	197	737
Freescale Semiconductor Ltd	Hamilton	Dec	251	(208)	(102)	(410)	(1,053)	748	(7,939)
Signet Jewelers Ltd	Hamilton	Jan 15	381	368	360	324	200	157	(403)
Arch Capital Group Ltd	Pembroke	Dec	821	710	593	436	843	872	292
Everest Re Group Ltd	Hamilton	Dec	1,258	1,265	829	(81)	611	807	(19)
Axalta Coating Systems Ltd	Philadelphia, PA	Dec	35	(210)	248	182	173	78
Brookfield Infrastructure Partners LP	Hamilton	Dec	237	293	112	129	403	(59)	(253)
Lazard Ltd	Hamilton	Dec	434	165	93	191	194	(188)	(0)
Marvell Technology Group Ltd	Hamilton	Jan 15	435	315	307	615	904	353	147
Partnerre Ltd	Pembroke	Dec	1,068	673	1,135	(520)	853	1,537	47
Brookfield Property Partners LP	Hamilton	Dec	4,420	1,763	2,640	3,745	2,109	(734)
Axis Capital Holdings Ltd	Pembroke	Dec	805	727	547	46	857	498	387
Seadrill Ltd	Hamilton	Dec	4,087	2,786	1,205	1,482	1,172	1,353	(123)
Renaissancere Holdings Ltd	Pembroke	Dec	686	839	765	(39)	798	1,046	50
Genpact Ltd	Hamilton	Dec	192	235	185	191	149	135	135
Nabors Industries Ltd	Hamilton	Dec	(669)	158	233	347	274	133	519
Golar LNG Ltd	Hamilton	Dec	(41)	136	1,014	68	(5)	32	(3)
Brookfield Renewable Energy Partners LP	Hamilton	Dec	203	215	(95)	(451)	294	(580)
Validus Holdings Ltd	Pembroke	Dec	446	542	393	43	403	897	53
Assured Guaranty Ltd	Hamilton	Dec	1,088	808	110	773	484	80	60
Teekay Corp	Hamilton	Dec	124	35	(311)	(376)	(167)	210	(460)
Kosmos Energy Ltd	Hamilton	Dec	279	(91)	(67)	22	(246)	(80)	(49)
Aspen Insurance Holdings Ltd	Hamilton	Dec	356	329	280	(110)	313	474	104
Endura Specialty Holdings Ltd	Pembroke	Dec	348	312	163	(94)	365	555	100
Enstar Group Ltd	Hamilton	Dec	227	224	192	208	216	177	97
Helen of Troy Ltd	Hamilton	Feb 15	131	86	116	110	93	72	(57)
Essent Group Ltd	Hamilton	Dec	88	65	(14)	(34)	(28)
Frontline Ltd	Hamilton	Dec	(172)	(190)	(71)	(531)	114	105	701
Axovant Sciences Ltd	Hamilton	Dec	(11)
Montepelier RE Holdings Ltd	Pembroke	Dec	248	211	228	(115)	212	464	(145)
Argo Group Intl Holdings Ltd	Pembroke	Dec	183	143	52	(82)	87	115	58
Third Point Reinsurance Ltd	Pembroke	Dec	57	233	101	(1)
Ship Finance International Ltd	Hamilton	Dec	123	89	185	131	166	193	182
Belmond Ltd	Hamilton	Dec	2	(26)	(11)	(19)	(28)	(13)	12
Textainer Group Holdings Ltd	Hamilton	Dec	195	189	205	204	134	105	94
OneBeacon Insurance Group Ltd	Minnetonka, MN	Dec	55	147	98	105	150	367	(337)
Nordic American Tankers Ltd	Hamilton	Dec	(13)	(105)	(73)	(72)	(1)	1	119
Maiden Holdings Ltd	Hamilton	Dec	102	103	50	29	70	61	19
DHT Holdings	Hamilton	Dec	13	(4)	(94)	(40)	6	17	42
James River Group Holdings Ltd	Hamilton	Dec	45	67	9	38
Golden Ocean Group Ltd	Hamilton	Dec	16	4	6	27	20	3	1
Hoegh LNG Partners LP	Hamilton	Dec	2	41	4
Ardmore Shipping Corp	Hamilton	Dec	2	(4)	(5)	(3)	(1)
North Atlantic Drilling Ltd	Hamilton	Dec	(320)	236	182	247	291
Energy XXI Ltd	Hamilton	Jun	59	162	336	65	27	(572)	27
Global Sources Ltd	Hamilton	Dec	19	33	33	30	26	15
Nordic American Offshore Ltd	Hamilton	Dec	7	(0)
Blue Capital Reinsurance Holdings Ltd	Pembroke	Dec	15	(1)
Total all 50			20,150	14,999	13,282	8,524	14,492	9,907	(5,596)
2014 Earnings % Increase Over 2013			34%
Two Year Earnings
….. 2013-14 Earnings			35,149
….. 2008-9 Earnings			4,311
…….. 2 Year % Earnings Increase			715%
2014 Earnings Above 2008 Losses			25,746