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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.
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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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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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Pintard slams PLP on tax - but govt says FNM signed up to it
THE Office of the Prime Minister and Free National Movement leader Michael Pintard traded volleys yesterday after the government released its green paper on corporate income tax options.
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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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‘Rest in Peace Ray Minus Jr’
State recognised funeral service is held for our legendary boxer
AT a state recognised funeral service for the late Ray Minujs Jr, one of his protégés Meacher ‘Pain’ Major said he felt more should have been done for his former long-time coach and mentor.
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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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'We’re 20 years late on corporate income tax, so we’re catching up' says expert
A TOP financial expert believes it is the time to have a discussion about corporate income taxes for companies in The Bahamas.
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20-month sentence for possession of unlicensed firearm and ammunition
A MAN was sentenced to 20 months in prison after being convicted of having an unlicensed firearm in his home in Eleuthera earlier this month.
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Man accused of attempted rape of 16-year-old girl
A 19-YEAR-OLD MAN was remanded to jail after he was accused of the attempted sexual assault of a 16-year-old girl earlier this month in the capital.
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Clubs & Societies May 19th, 2023
The Anglican Church Women (ACW) paid a courtesy call on Sir Cornelius A Smith on Tuesday, May 16, at the Office of the Governor General.
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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.
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Revenue surge to $274m via corporate tax switch
The Government could near-double pre-COVID business taxation revenues if it were to implement a 15 percent corporate income levy across-the-board on all entities bar those generating less than $500,000 in annual turnover.
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Cat Island 'going to get whole hog'
Government officials yesterday pledged that Cat Island is "going to get the whole hog" when it comes to airport, roads and utilities upgrades and investments.
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More than 500 Grand Bahama homes assessed for repairs
MORE than 500 homes have been assessed on Grand Bahama for the Small Homes Repair Programme, which is expected to be copied in the Family Islands, according to an Urban Renewal official.
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PM blasts 'blinkered' officials' tax attitude
The Prime Minister yesterday slammed "blinkered" public officials for adopting inflexible approaches to the collection of outstanding taxes that "close the business" and hinder economic growth and productivity.
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CORPORATE TAX PLAN REVEALED: Govt favours proposal of 10-12 percent rate for most businesses
The Government is leaning towards reforms that will see most Bahamas-based businesses pay a "modest" corporate income tax of either 10 or 12 percent with the only exception being small firms earning less than $500,000 annually.
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Can you help find missing Kyle?
THE family of Kyle Carey is hoping for his safe return home after the 20-year-old disappeared a week ago.
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'Jobs, jobs and more jobs': Staff sought for 700 posts
The British Colonial resort will hire up to 400 staff before it fully re-opens this December, the Government's labour chief revealed yesterday, adding: "The majority of Bahamians who want a job can find one."
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Men accused of sex assault in Andros held without bail
THREE men were jailed after being accused of sexually assaulting a 29-year-old woman in Andros last month.