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PM highlights incentives for corporate tax
PRIME Minister Phillip “Brave” Davis highlighted incentives for The Bahamas to introduce a corporate income tax yesterday, noting that multinational companies could face a “top-up tax” in their base country if The Bahamas does not conform with the global minimum tax push.
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BBF announces coaching committee, application process
THE Bahamas Basketball Federation (BBF) announced their coaching selection committee during yesterday’s press conference at the Thomas A Robinson National Stadium.
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BTC donates $5,000 to Sandilands Rehabilitation Centre Push-a-Thon
THE Bahamas Telecommunications Company Ltd (BTC) donated $5,000 to the 12th edition of the Sandilands Rehabilitation Centre’s (SRC) 2023 Push-A-Thon.
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PM: We might as well get 15% corporate tax revenue
The Prime Minister yesterday extended the corporate income tax consultation period by almost two months to end-August 2023 as he reassured that the Government has not decided upon "any particular policy action".
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ALICIA WALLACE: Politicians does lie... Marital rape bill’s lack of progress concerning
“People does lie.” Those are the words of a religious leader in The Bahamas. While he used the word “people,” the rest of his drivel indicated that he was really talking about women. In particular, he was talking about women who are raped by their husbands, suggesting that they are liars who want to get out of a marriage.
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Sears says newly launched Traffic Management Centre first phase to cost $1.8m
THE Ministry of Works and Utilities launched the first phase of its Traffic Management Centre yesterday.
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'Screeching economic halt' if diesel stop lasts 10-14 days
Bahamians could "see a totally different economy" if the decision by most petroleum dealers to halt diesel sales lasts for up to two weeks, a well-known contractor warned yesterday.
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Corporate tax certainty 'vital' to Freeport future
Grand Bahama's Chamber of Commerce president yesterday said it was "vital" to business certainty and investor confidence that Freeport gain clarity on whether, and how, corporate tax will be implemented in the Port area.
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Gas stations argue Business Licence 'further strangles' us
The Bahamas Petroleum Retailers Association's vice-president says he backs the introduction of a corporate income tax to replace Business Licence fees that "further strangle us".
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Town Planning rejected Lyford Cay condo advice
Lyford Cay residents will today bid to block a controversial condo project, which speculation previously linked to FTX, after planning authorities approved the doubling of its height beyond that recommended by their technical advisers.
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Mom wants uncle queried on missing Andros man
THE mother of a 21-year-old Andros man who reportedly fell off a boat and was not recovered wants the police to investigate the incident and question the man’s uncle who captained the vessel.
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‘We want to make sure we have the best team’ for CAC
With the 2023 Central American and Caribbean Games all set for June 23 to July 8 in San Salvador, El Salvador, the Bahamas Olympic Committee is still looking at putting together the pieces for Team Bahamas’ participation.
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Chess tournament set to make the history books
THE Orjan Lindroth Memorial Chess Tournament is set to make history as the 1st FIDE Title Norm chess tournament to be held in The Bahamas.
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Samuel P Haven Junior High Schools Soccer Nationals
THE Samuel P Haven Junior High Schools Soccer Nationals returned to the Roscow A L Davies soccer field for the third consecutive day. Yesterday’s trio of games saw the girls of Lyford Cay International School take on the Anatol Rodgers Timberwolves.
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RELATIVES of missing 20-year-old Kyle Carey (pictured here with mom, Tracey Carey, and his father) …
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Relatives increase efforts to find missing 20-year-old Kyle Carey
RELATIVES of a missing 20-year-old man are increasing their search efforts and remain hopeful for his return.
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MARCO alert creates buzz and criticism of system
THE senior police officer responsible for the MARCO alert system said the alerts would have a link showing a picture of the missing person in the future.
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Bank shrugs off $2.8m fee rise to 'beat target by 54%'
Commonwealth Bank yesterday revealed its $19.58m first quarter profits "exceeded expectations by 54 percent" despite having to contend with a more than one-third year-over-year increase in licence fees.
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Corporate tax 'driven' by revenue demands
The Government's corporate income tax proposal is "driven" by the need to increase revenues and could "be a gateway" to further progressive reforms that ultimately include a personal income tax, a governance reformer said yesterday.
