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Bahamas News - Business, Taxation & Offshore

CARICOM Trade Bloc 'In Crisis'

by Amanda Banks, Tax-News.com, London

Thursday, March 01, 2012

The Caribbean Community, an economic bloc among Caribbean territories, is at breaking point, according to a document circulated among its fifteen member states which urges rapid structural and operational reform. Read Full Story


Bahamas Achieves Deficit Reduction

by Amanda Banks, Tax-News.com, London

Monday, February 13, 2012

The Bahamas Central Bank, publishing latest revenue statistics, said the government achieved a 20% reduction in the territory's fiscal deficit during the first five months of the 2011/12 fiscal year. Read Full Story


UK, Caribbean Talks Focus On APD

by Amanda Banks, Tax-News.com, London

Wednesday, January 25, 2012

Leaders from Caribbean nations and the United Kingdom agreed at the end of a two-day summit an action plan to establish 'a new and improved strategic partnership to promote prosperity'. Importantly, the UK government committed to reopen negotiations to mitigate the impact of the UK's air travel tax on Caribbean territories. Read Full Story