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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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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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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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‘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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PM unveils lease-to-own Crown Land return plan
The Prime Minister has pledged to launch a lease-to-own initiative involving Crown Land to entice Cat Islanders to return home.
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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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Little juice left
ActivTrades
Global stocks of orange juice have shrunk significantly, and raw material costs are rising. Consumers must be prepared for price increases for their most popular drink.
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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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DIANE PHILLIPS: Morgan Freeman live, another nod to the orange economy
ONCE you’ve played God, it must be hard to be human. But on a recent Sunday night in the Atlantis Theatre, the real Morgan Freeman strolled out on stage, took a seat in a comfortable armchair and talked with a crowd of film festival goers, answering every question with humour and honesty, even if a few would not have gotten a thumbs up for intelligence on Rotten Tomatoes.
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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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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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Adrian Gibson jury finalised as trial set to get under way
NINE jurors were selected yesterday to evaluate evidence from more than 40 witnesses in Adrian Gibson’s corruption trial.
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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.
