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Bahamas-China air services deal 'pivotal'

The Air Services Agreement being negotiated between the Bahamas and China is “pivotal” to opening a direct gateway to Asia for this nation’s tourism industry, a senior Baha Mar executive said yesterday.

Gov't 'fuels' VAT impact mitigation

By NATARIO MCKENZIE

Persuading clients to see his vision

Do you believe that the only time we should ever look back in life is to see how far we have come? This is certainly something to ponder, considering the many challenges, failures and disappointments that sometimes seem to follow us daily.

'Lawsuit guaranteed' over VAT 'claw back'

A well-known QC yesterday “guaranteed litigation” against the Government, as fears deepened among Freeport’s private sector that it is using Value-Added Tax (VAT) to “claw back” previous court rulings that upheld the Hawksbill Creek Agreement.

Miami law firm in Bahamas tax advisory set-up

A well-known Miami law firm is aiming to open a niche Bahamian tax advisory and structuring affiliate “within 12 months”, targeting a local market it believes will eventually “grow into something far larger”.

'Gov't made Freeport like rest of Bahamas'

The Government’s “redirection” of Freeport’s economic model has resulted in the city becoming indistinguishable from the rest of the Bahamas, eliminating its natural advantages and global focus.

Bahamas praised for 'not fighting' regulatory change

The Bahamas’ decision to “work with change rather than fight it” has left this nation well-positioned to deal with FATCA and other global regulatory initiatives, an international tax planning expert said yesterday.

'Headed for chaos' on VAT-inclusive pricing

Super Value’s owner yesterday warned the Government it was still “headed for chaos” by insisting on Value-Added Tax (VAT) ‘inclusive pricing’, even though retailers had been granted a two-month compliance ‘extension’.

Gov't targets Nov 30 for mandatory VAT registration closure

The Government is aiming to register 4,500 businesses over the $100,000 mandatory Value-Added Tax (VAT), a Cabinet minister said yesterday, revealing the four-member private sector Task Force expected to oversee the public education campaign.

MARKETING REVOLUTION: Adding value to win international clients

I
 just came back from a book signing and seminar in Boston. As they read off my accolades in introducing me, they talked about me being in the field for 33 years. People in the audience were from the US, Dominican Republic and Puerto Rico. They had bought books and videos from me, either online or direct, over the past 20 years. And here they were buying another book. They called me a legend. I thought to myself: “I’ve built an international audience right from Nassau.”

Oil exploration can be a 'game changer'

As Bahamian marketing consultants with a history of serving international clients, we are strongly convinced and satisfied that the Government’s commitment to bring new regulations relative to the Bahamas Petroleum Company’s (BPC) efforts to explore for oil presents a win-win situation for the country.

Businesses brace for VAT surprises

Several businesses said yesterday they were bracing for a sales slowdown and increased costs as a result of Value-Added Tax (VAT), with one auto dealer telling this newspaper he anticipated an increase in used car sales.

Bahamas ready to sign Canadian trade deal

CARICOM has yet to decide whether to allow member states in agreement with the new Canada trade deal to sign-on, a Cabinet Minister said, with the Bahamas ready to do just that.

BFSB elects new Board to confront challenge

The Bahamas Financial Services Board (BFSB) has elected its Board of Directors for 2014-2016, as the industry confronts opportunity as well as challenges.

Bahamas targets African American visitor market

The Ministry of Tourism has secured two major events that are expected to attract thousands of African-American visitors to this nation in 2015.