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Remove VAT from feminine hygiene products
Nearly 2,000 sign petition to be presented to government
A formal petition to eliminate value added tax on feminine hygiene products such as sanitary pads, tampons and menstrual cups has been signed by almost 2,000 Bahamians and will be presented to the government for consideration in the mid-term budget.V
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'We can't trust future govts over fiscal fix'
The government’s fast-paced fiscal fix is being driven by its lack of trust in future administrations to correct multi-million dollar “imbalances”, the deputy prime minister revealed yesterday.KP Turnquest admitted to Tribune Business that the govern
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INSIGHT: Stop taxing the poorest
ALREADY drowning in a sea of hefty utility bills, high living costs, and archaic business-stifling restrictions, low to middle income Bahamians have just been smacked in the face with a sledgehammer in the form of a regressive, unexpected and misguided tax hike. It is far worse for Grand Bahamians where the economy remains mired in a quagmire of depression.
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Insurers want same VAT treatment for all
The Bahamas Insurance Association’s (BIA) chairman has called for all property and casualty products to receive the same VAT treatment, adding that exempt status is “not the way to go”.Emmanuel Komolafe admitted to Tribune Business that he was “caugh
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Big names in Bahamas team for FIBA World Cup Qualifiers
The Bahamas Basketball Federation has announced the 24-member preliminary squad for the men’s national team as they prepare for the third window of FIBA World Cup – Americas Qualifiers.
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Web shop pay cut threat over anti-VAT demo
Island Luck employees were seemingly threatened with the loss of a day’s pay if they did not attend yesterday’s anti-VAT and gaming tax protest in Rawson Square.
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Gov't targets $100m non-VAT revenue rise
The Government is predicting non-VAT fee and tax increases will generate an extra $100 million in the new fiscal year, amid warnings that “the fiscal chickens have come home to roost”.K P Turnquest, Deputy Prime Minister, yesterday told the National
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Pearline Rolle Wallace
Pearline Rolle Wallace, 89 a resident of Hanna Road Off Carmichael Road & formerly of Pleasant Bay, South Andros, died at his residence on June 10, 2018. She is survived by her 2 sons: Birtchell Tucker & Mervin Wallace; 3 …
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Minister Herbert Walters Forbes
Minister Herbert Walters Forbes, age 89 years, a resident of Colony Village East, and formerly of Bambarra, Middle Caicos, Turks and Caicos Islands, died at his residence on Monday June 11th, 2018. He is survived by his wife: Patricia Miriam …
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Gov't facing long haul to be 'business friendly'
THE government still has “a great deal to do” to be viewed as business-friendly, with few businesses seeing any improvement in their interaction with public sector bureaucracy.Michael Maura, pictured, the Bahamas Chamber of Commerce and Employers Con
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VAT hike puts further strain on cook-outs
“Cook-out” targets will have to increase due to the VAT rate hike, a well-known insurer yesterday warning that 85 per cent of healthcare costs will not benefit from planned tax exemptions.Emmanuel Komolafe, the Bahamas Insurance Association’s (BIA) c
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Bringing the girls together
'Sip n' Chat' event aims to unify women
Instead of pitting women against one another, as is often done by society, a special event this weekend seeks to unify and uplift all women. The ladies of Nassau will be treated to a special girls’ day when Sonovia Burrows hosts her third annual Sip
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Ex-minister: VAT exemptions are 'disaster recipe' all around
An ex-Cabinet minister yesterday said the government was “damned if you do, damned if you don’t” over the VAT hike, as he warned that increased exemptions are “a recipe for disaster”.Leslie Miller, the former Tall Pines MP, told Tribune Business he w
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Stranger danger
A short while back, a Supreme Court jury acquitted a grown man of having sex with a 15-year-old boy. The not guilty vote was a vote of six to three.
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Charlton finishes 2nd, Seymour 4th in hurdles showdown
ALTHOUGH they had to run on the opposite side of the track due to the heavy rain, Purdue’s senior Devynne Charlton got out to a great start only to fade at the end for second place, while Texas’ senior Pedrya Seymour’s late comeback produced a fourth
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Don't 'continually' hike VAT for fiscal escape
The government “cannot continually” use VAT hikes to solve its fiscal woes, a top accountant is warning, describing its rising debt servicing and unfunded pension costs as “worrisome”.
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Baha Mar contractor: No rooms for Sarkis
Baha Mar’s main contractor refused to turn over completed rooms to the original developer in early 2015 as it sought leverage to claim an extra $119m in their growing payment dispute.A senior China Construction America (CCA) official, in a February 1
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David Nesbitt helps his team capture league title in Brazil
David Nesbitt and his club captured a league title in Brazil.Paulistano Sao Paolo closed out the Novo Basquete Brasil (NBB) finals with an 82-76 win over Mogi das Cruzes to clinch the best of five series 3-1.Nesbitt got the start but finished with ju
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Walton Samuel Davis
Funeral service for Walton Samuel “Ching” Davis, 88 a resident of Brougham Street, will be held at Emmanuel Healing & Deliverance Centre, Emmanuel Way off St. Vincent Road, on Saturday, June 9, 2018 at 11:00 a.m. Officiating will be Bishop …
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12% VAT only escape from 'double whammy'
The deputy prime minister yesterday said a 12 percent VAT was the only way to avoid “a double whammy” for the Bahamian people in closing a $400m budget “gap”.KP Turnquest, kicking-off the budget debate in the House of Assembly, said the Government’s