Author: editor

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”.…Continue readingSands: ‘Burden cannot be heavier with corporate income tax’

The resort complex’s President Graeme Davis said yesterday that the increase in power costs have had a “significant” impact on Baha Mar’s profitability.…Continue readingBaha Mar Pres: Increase in BPL Bills Significantly Impacting Resort’s Profitability

The Department of Inland Revenue (DIR) has created a new office called the Large Taxpayer Unit (TLU) to service solely the 50 biggest companies.…Continue readingDIR Develops Large Taxpayer Unit for the 50 Largest Companies

Eyewitness News talks to Graeme Davis at Baha Mar about how rising utility costs and disruptive blackouts are affecting the hotel industry.…Continue readingVideo Clip: Hotels Struggling with Utility Costs and Blackouts

President of the BHTA Robert “Sandy” Sands says that unreliable power generation is hurting tourism in the Family Islands.…Continue readingSands: Unreliable Power is Hurting Tourism in the Family Islands

A statement from our Industry Partners, The Bahamas Ministry of Tourism regarding the ‘Exempt’ customs app for visitors.…Continue readingBahamas Customs Declaration: Who Uses the Exempt App?

The Minister of Finance notes that, “Our goal is to ensure that we explore all the right options and properly align our choices to support growth, investment and development”.…Continue readingGreen Paper on a Corporate Income Tax (CIT) Strategies for The Bahamas