July 27, 2012
Palm Cay Club House
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VAT reassurance 'final impetus' for $100m expansion
PALM Cay’s chief executive yesterday said recent value-added tax (VAT) “assurances” by the Government had served as the “final impetus” to kick-start its latest $100m expansion.Rob Batchelor, Palm Cay’s chief executive, told Tribune Business that the
Palm Cay ordered to pay employee for unfair firing
A SUPREME Court judge has ordered a local gated community development to pay one of its employees almost $4,000 for unfairly firing her by two text messages while she was on vacation almost three years ago.
$200m development's 'tax break' offer
Developers of the $200 million Palm Cay community have promised to pay the full 10 per cent Stamp Duty on all sales contracts signed before month’s end, saying the move could generate buyer savings of up to $40,000.
Developer aims to ‘kickstart’ market by paying full 10% Stamp Duty
A leading New Providence real estate development yesterday pledged to pay the full 10 per cent Stamp Duty on all purchases from it in a bid to “kickstart” the market, its chief executive telling Tribune Business the initiative was designed to maintain current property values.
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