July 16, 2013
Owen Arthur
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'VAT should be part of broader economic reform'
FREEPORT – Former Prime Minister of Barbados Owen Arthur says the introduction of a Value Added Tax should be viewed as an essential part of the broader sweep of economic reforms in the Bahamas.
Gov't urged: Resist exemption 'clamour' over VAT reforms
The Bahamas’ proposed Value-Added Tax (VAT) will merely act as an ‘income replacement’ for the Government, a former Barbadian prime minister warning yesterday that “discipline” will be key to preventing the tax base’s erosion by ‘special interests’.
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