VAT to stop Business Licence fee 'fudging'
A leading realtor yesterday said the Government could enjoy a major Business Licence fee increase in coming years due to its tax reform policies, with companies no longer able to “fudge the books”.
Compliance, 'first timers' slow VAT registration pace
The Value-Added Tax (VAT) registration process has been slowed because many businesses did not realise they had to be current with other taxes to complete this process, Tribune Business was told yesterday.
Task Force expects VAT register 'spike'
By NATARIO McKENZIE
VAT border deferral branded 'big help' to manufacturers
By NATARIO McKENZIE
Baha Mar launches 'recruitment nation'
Baha Mar yesterday launched its new employee recruitment advertising campaign, entitled: ‘Baha Mar Nation’.
PM: National Plan wait a 'damnable omission'
By NATARIO McKENZIE
Tourism industry urged: Avoid 'mad rush' on VAT
The Bahamas Hotel and Tourism Association (BHTA) has urged tourism-related companies to become VAT registrants now and avoid the “mad rush” that will occur by waiting until the November 30 deadline.
Chicago firm takes over management at Bimini Big Game
A Chicago-based hotel group has taken over the management of the Bimini Big Game Club Resort & Marina.
Financial industry honours 3w2 persons
THE Bahamas Financial Services Board (BFSB) honoured 32 persons for their contribution to the industry’s growth and development at its 14th annual Excellence Awards Dinner.
Bank in special Xmas dividend
Commonwealth Bank’s 6,000-plus shareholders will have a little more money to spend during the holidays this year when the bank issues a pre-Christmas extraordinary dividend of $0.06 per share.
Bahamas debt higher than '2/3 of world'
The Bahamas may be the least indebted tourism-based economy in the Caribbean, but a top International Monetary Fund (IMF) executive has warned its debt-to-GDP ratio is higher than “two-thirds” of other countries.
'Making a mockery' of gaming industry
THE Gaming Bill 2014 “makes a mockery” of international regulatory standards because it allows the minister responsible to override a key test for industry ownership, the DNA’s leader believes.
QC promises new 'road to success' in Customs fight
A WELL-KNOWN QC has pledged to take “a different road to success” in a battle with Bahamas Customs, adding that the Privy Council’s refusal to grant his law firm leave to appeal is “not the end”.
Bank eyes 'huge' $5m fee increase for 2014
COMMONWEALTH Bank believes it will incur an almost-$5 million licence fee increase for the 2014 full-year, but still expects to notch “a notable achievement” by coming close to matching last year’s $54.506 million bottom line.
'No doubt' web shop interest in Bank of Bahamas
THE DNA’s leader says there is “no doubt” that web shop industry players may be interested in acquiring Bank of the Bahamas, although such a move would not sit well with the global financial services industry and its regulators.
