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Men’s national basketball team splits wins with Jayhawks
TEAM Bahamas, with the newest addition of Phoenix Suns guard Eric Gordon, split games 1-1 against the University of Kansas (KU) Jayhawks this past weekend in Puerto Rico.
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Corporate income tax is 'wrong way around'
The Opposition's finance spokesman yesterday argued that The Bahamas has corporate income tax "the wrong way around" because the proposed reform options are forecast to suck "more money" from the private sector via taxation.
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‘Burden cannot be heavier with corporate income tax’
Corporate income tax must not impose a heavier tax burden on businesses than what already exists, private sector executives are warning, while urging that such proposed reform cannot be viewed in “isolation”.
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Gov’t told: Avoid ‘piecemeal approach’ over tax reforms
The Opposition’s leader yesterday urged the Government to avoid “a piecemeal approach” to reform in the FNM’s response to the corporate income tax proposal, warning: “We have a very small margin for error.”
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Bahamas ‘still in good position’
The Bahamas men’s national basketball team may have dropped a “disappointing” game to Puerto Rico in their rematch of the FIBA 2025 AmeriCup Qualifier on Sunday night.
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Corporate income tax for Bahamas ‘mammoth task’
A leading Bermuda accountant yesterday warned The Bahamas that implementing a corporate income tax regime is a “mammoth task” that should not be underestimated.
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Undefeated Cybots beat Crimestoppers
WITH the Bahamas Government Departmental Basketball Association (BGDBA) season winding down, the undefeated Bain and Grants Town Cybots dropped the Police Crimestoppers 88-81 this past weekend.
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CORPORATE TAX PLAN REVEALED: Govt favours proposal of 10-12 percent rate for most businesses
The Government is leaning towards reforms that will see most Bahamas-based businesses pay a "modest" corporate income tax of either 10 or 12 percent with the only exception being small firms earning less than $500,000 annually.
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Jonquel, Liberty look to bounce back after Sunday’s loss to Sky
BAHAMIAN Women’s National Basketball Association (WNBA) player Jonquel Jones and the New York Liberty will look to bounce back from this past weekend’s loss against the Chicago Sky.
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Out Islands 115MW bid launch ‘fantastic’
Abaco’s Chamber of Commerce president yesterday hailed the launch of a bidding process for Out Island microgrid, renewable and clean fuel generation as “fantastic”, adding: “I can’t wait for it to start.”
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Eric Wiberg – PBM Mariner seaplane sinks near Royal Island
ON the night of Wednesday, July 19, 1944, at Royal Island, North Eleuthera, Lt (jg) HL Hayes crashed while landing in a turbulent sea. No injuries to the personnel occurred, but both wing floats were torn off the plane and the starboard wing tip bounced on the bottom and finally sank in 20 feet of water. The plane was damaged beyond repair and was later surveyed.
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PETER YOUNG: People still in denial over climate change despite all the evidence
THE news from Hawaii this past week has been nothing short of terrible as the massive scale of utter devastation has become evident to the outside world. At the time of writing, there are 96 confirmed deaths from the wildfires that ravaged the island of Maui but, reportedly, hundreds of others are still missing.
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Abaco Schools Sports Association basketball results
Abaco Schools Sports Association Basketball Championships (Best of Three series)
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‘Don’t price ourselves out’ on corporate income tax
Bahamian realtors yesterday said data showing they enjoy near-40 percent gross profit margins is “skewed very far off” as they urged the Government “to be careful we don’t price ourselves out of the market” over corporate income tax.
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King Charles III has cancer and is receiving treatment, Buckingham Palace says
LONDON (AP) — King Charles III has been diagnosed with a form of cancer and has begun treatment, Buckingham Palace said Monday. Less than 18 months into his reign he will suspend public duties but will continue with state business, and won't be handing over his constitutional roles as head of state.
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Honouring retirees
THE Ministry of Education has honoured 80 retirees who dedicated between ten and 40 years of service.
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Revenue surge to $274m via corporate tax switch
The Government could near-double pre-COVID business taxation revenues if it were to implement a 15 percent corporate income levy across-the-board on all entities bar those generating less than $500,000 in annual turnover.
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Corporate tax plan 'dead on arrival' unless wider reform
The Government's corporate income tax consultation will be "dead on arrival" if it does not involve a "holistic" approach to comprehensive Bahamian tax reform, a prominent banker warned yesterday.
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Puerto Rico routs Bahamas 86-67
FIBA 2025 AMERICUP QUALIFIER
After winning their opening game by 11 points on Thursday at the Coliseo Roberto Clemente Gymnasium, The Bahamas men’s national basketball team watched helplessly as Puerto Rico came to town and turned the tables with a 19-point rout.
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Wildcats to face Tigers in Battle 4 Atlantis finale
The Villanova University Wildcats snuck past the North Carolina Tar Heels in an 83-81 overtime thriller to advance to their third Battle 4 Atlantis finals yesterday at the Imperial Arena, Paradise Island.
