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Stories that are tagged 'Bahamas'

Bahamas Budget Reduces Duties, Business License Tax

by Mike Godfrey,, Washington

Monday, June 5, 2017

The Bahamas' 2017 Budget included an increase to customs and excise duty rates, the business license tax, and the introduction of electronic customs processes. Read Full Story


Bahamas To Sign OECD Anti-Tax Avoidance Convention

by Mike Godfrey,, Washington

Thursday, June 1, 2017

The Bahamas Government says it will sign up to the OECD's Multilateral Convention on Mutual Administrative Assistance in Tax Matters, joining 111 jurisdictions currently participating in the Convention. Read Full Story


IMF Reports On CARICOM Tax Reform Efforts

by Mike Godfrey,, Washington

Thursday, April 6, 2017

Caribbean Community member states have benefitted from the introduction of value-added taxes, but more reform is needed, says a new paper from the International Monetary Fund. Read Full Story


Bahamas VAT Filing And Payment Dates Change

by Mike Godfrey,, Washington

Wednesday, January 11, 2017

The Bahamas Department of Inland Revenue has reminded taxpayers that as of January 1, 2017, the deadline for value-added tax filing and payment has changed. Read Full Story


Moscovici: EU Spearheading Tax 'Revolution'

by Ulrika Lomas,, Brussels

Wednesday, November 16, 2016

Tax Commissioner Pierre Moscovici says the European Commission has achieved something of a "tax transparency revolution" in its fight against tax avoidance and evasion. Read Full Story


Pakistan Targeting Panama, Bahamas Leaks Taxpayers

by Mary Swire,, Hong Kong

Thursday, October 20, 2016

Pakistan's Finance Minister, Mohammad Ishaq Dar, has directed the Federal Board of Revenue to approach the tax authorities of nine territories about information in the Panama and Bahamas leaks. Read Full Story


Bahamas Discusses Aviation, Health Care VAT Changes

by Mike Godfrey,, Washington

Monday, January 11, 2016

The Bahamas Government has recently issued two statements regarding value-added tax policy, covering aviation sector operators and the health care sector. Read Full Story


Italy May Net EUR4bn From Concluded Tax Amnesty

by Ulrika Lomas,, Brussels

Friday, December 11, 2015

Italy's Ministry of the Economy and Finance disclosed that the voluntary disclosure program had received 129,565 applications involving previously undeclared assets totaling EUR59.5bn, by its close on November 30. Read Full Story


Bahamas Deficit Narrows Following Introduction Of VAT

by Mike Godfrey,, Washington

Tuesday, December 1, 2015

The Bahamas saw its budget deficit fall by more than 60 percent in the first three months of the fiscal year, which began on July 1, following the introduction of VAT. Read Full Story


Bahamas Releases Video On VAT Accounting

by Mike Godfrey,, Washington

Friday, March 6, 2015

The Bahamas Value-Added Tax Department has released a short video to assist VAT registrants with the accounting process, following the introduction of value-added tax at the start of this year. Read Full Story




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