1 Vote
1 Vote
Economist 8 years, 6 months ago on Concerns over Govt’s Freeport tax reforms
Concerns over Govt’s Freeport tax reforms
Remember that the bulk of the GBPA Licensees are Bahamian. Let's you know what the Government thinks of Bahamians......that they don't count.
The_Oracle 8 years, 6 months ago on Concerns over Govt’s Freeport tax reforms
Concerns over Govt’s Freeport tax reforms
Seems the Government intent is to deny Bahamians the exemptions they enjoy as Licensees. The Legislation sure opens it up for discrimination and virtual whim by government. Who will put money in the ground under such uncertainty? Sucker punching new investors by withdrawing concessions after a year? Two years? There will probably be a ripple throughout the country, insofar as the government is contravening Statute law, by amending it without License consent.