Latest stories

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.

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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.

Onyx Magazine honouring Joy Jibrilu

ONYX Magazine is honouring the chief executive of the Nassau Paradise Island Promotion Board, Joy Jibrilu.

Mentally ill man charged with assault and injury of police officer

A MENTALLY ill man was charged in court yesterday with allegedly assaulting and injuring a police officer on Faith Avenue earlier this week.