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Gov’t ‘wipes away hundreds of millions in property tax arrears’ 10 comments
Bahamas ‘going in reverse’ through 20% cash increase 12 comments
Tax collection is too ‘combative’ 2 comments
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Latest stories
Former GB resident shot dead in Fort Lauderdale
An American man with connections to Grand Bahama was killed in a drive-by shooting in broad daylight outside a Fort Lauderdale warehouse earlier this week.
Carlos Reid calls for collective responsibility in crime fight
ANTI-crime activist Carols Reid has warned that the nation’s crime problem is likely to worsen before improving, calling for a united community effort following the country’s first two homicides of the year.
JJ Percentie seeks third term in Harbour Island local gov't
JOSEPH-JOHN Percentie is seeking re-election to continue his work on the island community of Harbour Island for a third term.
Gov’t ‘wipes away hundreds of millions in property tax arrears’
The Ministry of Finance’s top official yesterday said the Government has “wiped away hundreds of millions in real property tax arrears” as he branded this nation’s tax system “the most competitive in the Caribbean”.
Bahamas ‘going in reverse’ through 20% cash increase
The Bahamas is “going in reverse” by increasing physical cash in circulation by 20 percent, a digital payments provider argued yesterday, even though its Sand Dollar roll-out is “the model for the rest of the world”.
Tax collection is too ‘combative’
Tax collection in The Bahamas is a “combative experience” where businesses are treated as “frauds” if they interpret the rules differently from the Government, a senior banker argued yesterday.
Just 20% compliance by short-term rentals
Dexter Fernander, the Department of Inland Revenue’s (DIR) operations manager, said they have seen a 20 percent voluntary compliance rate from short-term rental owners in registering their businesses and obtaining the necessary licences.
Woman killed and man injured in shooting incident in Nassau Village
A WOMAN was killed and a man was injured after a shooting on Wednesday.
US and China battle on Bahamas investments
The top US and Chinese diplomats in The Bahamas yesterday exposed the increasing geopolitical tensions set to impact this nation after the latter encouraged it to sign on to Beijing’s multi-billion global infrastructure initiative.
