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New On The Lowtax Network Today
This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below. |
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| TODAY 17/03: IO
Focus: Hong Kong,
Investors Offshore special feature |
| TODAY 17/03: New
PBTG Editor Column, Caroline, PBTG editor |
| 16/03 Hungary
Summary PBTG Guide, added to Personal Business Tax Guide |
| 15/03 Lowtax
South Africa, major content expansion |
| 12/03 Lowtax
Costa Rica, annual update |
| 11/03 Estonia
Summary PBTG Guide, added to Personal Business Tax Guide |
| 10/03 Lowtax
Labuan, annual update |
| 05/03 Belgium
Summary PBTG Guide,
added to Personal Business Tax Guide |
03/03  Personal
Business Tax Guide, PBTG, has launched!
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| Providing essential tax news and information
for globally mobile artists, contractors, entrepreneurs, professionals,
small businesses, sportspersons and entertainers. |
| 02/03 Personal
Equity Investment In 2010: Not Just For Expats…, Investors Offshore special feature
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| 24/02 Lowtax
Cyprus, annual update
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| 22/02 Lowtax
Brunei, annual update
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| 15/02 Lowtax
Australia,
major content expansion
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| Lowtax Network Sites |
| Lowtax Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
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| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
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Bahamas Finance Minister Rules Out New Taxes,
by Amanda Banks, Tax-News.com, London 09 December 2004
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Speaking on a local radio programme last weekend, Bahamas Minister of State for
Finance James Smith appeared to cast doubt on the possibility of any new taxes, arguing that they would be unlikely to increase the amount of revenue the government
receives.
"As more demands are placed on the government to provide additional services,
imposing more taxes will not generate the large amount of funds needed to run
the country,” Mr Smith stated.
He added that the Bahamian tax system also suffers from a compliance problem.
"We have developed a culture where a guy feels that bribing a public officer
is something he can boast about and when the officer accepts the bribe, he can
boast of a higher income," he remarked.
However, the Finance Minister then suggested that it is essential that the jurisdiction should continue to explore
measures to widen the tax base and provide more flexibility in the system, such
as a sales tax or value added tax, especially in the light of new free trade
agreements.
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