Cushman & Wakefield’s Bermuda Move Raises Withholding Tax Risk and Threatens Cash Flows
Cushman & Wakefield (CWK) has disclosed a new risk, in the Taxation & Government Incentives category.
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Bermuda’s limited network of income tax treaties is viewed as increasing Cushman & Wakefield’s exposure to withholding and other cross‑border taxes following its redomiciliation. As treaty benefits previously available under its former England and Wales incorporation may no longer apply, the company could face higher tax leakages that constrain intercompany distributions and negatively affect cash flows and liquidity.
Overall, Wall Street has a Strong Buy consensus rating on CWK stock based on 3 Buys and 1 Hold.
To learn more about Cushman & Wakefield’s risk factors, click here.
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