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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.

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.

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.

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.

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".

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.

‘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.

RELATIVES of missing 20-year-old Kyle Carey (pictured here with mom, Tracey Carey, and his father) …

RELATIVES of missing 20-year-old Kyle Carey (pictured with mom, Tracey Carey) are increasing their search …

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.

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.

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.

Silver Airways adds two routes to Family Islands

A US airline has added two non-stop routes to the Family Islands from Orlando this past weekend.

Craig Flowers and FML face winding-up petition

FML's ex-chief operating officer has filed a Supreme Court petition to have the web shop chain wound-up as his five-year legal battle with Craig Flowers escalates into a new phase.

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.

Man held on charges of a spree of sexual assaults

A MAN was jailed yesterday after being charged with a spree of sexual assaults in the Golden Isles area this month.

Elana Mackey pleased with her performance

ELANA Mackey said she has been really pleased with her progress during her past season at Mars Hill University in North Carolina.

‘Hold owners to account’ for pit bull attacks

BAHAMAS Humane Society President Kim Aranha said dog owners who fail to train or restrain their pit bulls properly should be heavily fined, but pit bulls should not be banned.

Real estate faces greatest corporate tax burden rise

Real estate firms will experience the highest increase in their tax burden for each of the four corporate income tax options that the Government is proposing as replacements for the turnover-based Business Licence fees.

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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