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Corporate income tax is 'wrong way around'

The Opposition's finance spokesman yesterday argued that The Bahamas has corporate income tax "the wrong way around" because the proposed reform options are forecast to suck "more money" from the private sector via taxation.

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Four GSSSA soccer champions crowned

CR Walker Lady Knights senior girls victorious

Following a three-year hiatus, soccer finally returned to the field for the Government Secondary Schools Sports Association (GSSSA) this year.

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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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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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PETER YOUNG: Summits galore for world leaders

The ubiquitous and apparently tireless President Volodymyr Zelensky of Ukraine is perhaps today’s busiest leader on the world stage.

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PI Wendy's: Bank restriction expired almost 50 years ago

The only firm restriction governing how the disputed ex-Scotiabank location on Paradise Island can be used expired almost 50 years ago in 1975, Tribune Business can reveal.

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Court of Appeal stays Gibson corruption trial

THE Court of Appeal stayed Adrian Gibson’s corruption trial yesterday pending the outcome of his appeal of a ruling from Justice Cheryl Grant-Thompson.

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Flag football teams make final push for playoffs

After eight weeks of flag football action courtesy of the Bahamas Flag Football League, teams used this past weekend to see where they measure up against each other.

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WORLD VIEW: 1.5°C is upon us - are we prepared?

THE report on May 17, from the World Meteorological Organization, (WMO) that global temperatures are likely to surge to record levels in the next five years should have sent all Caribbean institutions, such as the CARICOM Secretariat, the Caribbean Development Bank, and the Caribbean Community Climate Change Centre, into overdrive to explore further ways in which the region could accelerate efforts to avert this calamity.

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Corporate tax plan 'dead on arrival' unless wider reform

The Government's corporate income tax consultation will be "dead on arrival" if it does not involve a "holistic" approach to comprehensive Bahamian tax reform, a prominent banker warned yesterday.

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Stay of proceedings ordered in Adrian Gibson trial

A STAY of proceedings has been ordered in the Adrian Gibson corruption trial pending the determination of an appeal hearing.

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Keep Freeport out of a 'political cess pool'

Major figures in last year's protest march to the Grand Bahama Port Authority (GBPA) have reiterated their opposition to its acquisition by the Government for fear Freeport will be dragged into "a political cess pool".

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US will warn over crime

My prediction has happened. Two American tourists in Exuma robbed of thousands of dollars, another State Department Advisory will happen warning American tourists of the crime in The Bahamas.

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Gardiner, Nairn steal show on track, field

Quarter-miler Steven Gardiner and long jumper LaQuan Nairn led a contingent of five Bahamians who turned in some outstanding performances at the USATF Bermuda Grand Prix yesterday at the Flora Duffy Stadium in Devonshire, Bermuda.

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Make-up of Davis and Billie Jean King teams complete

WITH their final trials held over the weekend at the National Tennis Center, the Bahamas Lawn Tennis Association completed the make-up of both the men’s Davis Cup and female Billie Jean King Fed Cup teams.

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Reinvesting 50% of corporate tax no GDP growth panacea

Reinvesting 50 percent of the revenues generated by a corporate income tax would lessen - but not eliminate - the negative economic impact of each of the four proposed implementation options, the Government is forecasting.

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Club Med: Over 75% of workforce returns

Club Med's general manager yesterday revealed that more than 75 percent of the resort's staff have returned to work at the property despite its near three-year shutdown due to COVID-19.

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ERIC WIBERG: The last flight of a Marauder

On October 17, 1944, five years into World War II, a B-26 Marauder aircraft assigned to the Royal Air Force Transport Command took off from the Windsor Field.