Tax disputes backlogcreates 'vexing issues'
The Government yesterday said it is hoping to further “accelerate” improved GDP growth forecasts, while bidding to clean up “vexing issues” stemming from a tax disputes backlog.K P Turnquest, the deputy prime minister, told Tribune Business that the
Gov't targets 75% technical comply on anti-money launder
THE Government is targeting “at least” 75 per cent compliance with anti-money laundering ‘technical’ standards, the Attorney General yesterday pledging there would be no regulatory “over-reach”.Carl Bethel, in an address to the Bahamas Association of
'Policy decisions' before GB Power buy-out approval
THE Government will take further “policy decisions” before the proposed $35 million buy-out of GB Power Company’s Bahamian investors receives final approval, it was confirmed yesterday.K P Turnquest, the Deputy Prime Minister, told Tribune Business t
Seaplane provider urges greater Andros exposure
A Florida-based seaplane company is aiming to boost visitor traffic to Andros via its 18,000-plus client database, arguing yesterday that the island needs greater exposure.Scott Young, head of sales and charters at Tropic Ocean Airways, who presented
Grand Lucayan needs Gov’t to ‘strong arm’
THE Government is today being urged to use “strong arm” tactics to ensure the Grand Lucayan’s rapid sale and re-opening, a prominent attorney warning: “Freeport will disappear otherwise.”
The 'Holy Grail' for kickstarting Freeport
Terence Gape, senior partner at the Dupuch & Turnquest law firm, unveils his strategy for getting the Bahamas’ second city moving again.
IAN FERGUSON: Securing employee buy-in for the vision
THIS part of the calendar usually finds responsible companies preparing and planning for a new year. Creating and updating various plans and objectives becomes the focus until the end of the calendar year. Successful companies do not leave these thin
'Brave' upholds 'Bahamas first' over $50m tax battle
The PLP’s leadership front-runner is battling on behalf of a once-jailed gaming kingpin’s family trust to uphold Bahamian law’s supremacy against a $50 million US tax claim.Court documents obtained by Tribune Business reveal that a Supreme Court Orde
'No difficulty' if web shops only banking option
A TRADE union leader yesterday said he had “no difficulty” with web shops providing financial services if commercial bank pull-outs meant they were “the only option” on some islands.Obie Ferguson, the Trades Union Congress (TUC) president, told Tribu
Attorney's bid to reclaim $320,000 deposit quashed
A BAHAMIAN attorney’s bid to reclaim a $320,000 deposit from a failed real estate transaction has been rejected by the Court of Appeal, which found the earlier verdict “unassailable”.Gregory Cottis, who acted for the purchaser in a $6.4 million deal,
Moody's exposes accounting games played on fiscal deficit
MOODY’S will likely stoke fresh political controversy over the Government’s 2016-2017 deficit through its revelation that both parties’ figures are accurate - from a certain point of view.The rating agency, in its October 24 assessment of the Bahamas
QC warns on 25% withhold tax over Grand Bahama Power buy-out
AN outspoken opponent of the GB Power Company buy-out yesterday alleged there was shareholder “uproar” over the revelation that Emera dividends will be subject to a 25 per cent ‘withholding’ tax.
ART OF GRAPHIX: The document format that keeps on creating
IF you have ever downloaded a printable form or document from the Internet, there is a good chance it was a PDF file. ‘PDF’ is short for Portable Document Format, and is easily identified because all such files end in .pdf.In 1991, Adobe co-founder D
Commission executiveseconded to US's SEC
The Securities Commission has seconded one of its managers to its US counterpart, the Securities and Exchange Commission (SEC), in Washington DC.Christian Adderley, deputy manager in the Securities Commission’s policy and compliance unit, will serve
Phase II of Pointe 'is moving nicely'
Phase II of the $250 million Pointe project is now underway and is expected to be complete by the end of 2018, the spokesman for the development Leslie Pindling told Tribune Business yesterday.The new phase of the project will encompass the developme
