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No Bahamas taxes on Shell’s $1.55bn profits
The case for imposing a corporate income tax was yesterday said to be have been strengthened by revelations that a Shell subsidiary paid not a cent in tax on $1.55bn of profits generated in The Bahamas.
$250m Six Senses project eyes summer building start
The developer behind Grand Bahama’s $260m Six Senses resort project yesterday voiced optimism that construction will start this summer depending on when it receives its final approvals.
Opposition fearing revenue loss on corporate tax delay
THE Opposition’s leader yesterday voiced concern The Bahamas may miss out on significant tax revenues, and lose business, from delays in implementing the 15 percent minimum global corporate tax.
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