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VAT rate rise 'criminal' if no compliance
A former Bahamas Chamber of Commerce president yesterday it was “criminal” for the Government to already be talking about increasing the 7.5 per cent Value-Added Tax (VAT) rate prior to getting the existing tax system’s compliance levels to 80 per cent.
Bahamian players help Axemen to33-23 victory over Huskies
THE Acadia Axemen are headed to the AUS playoffs as the top overall seed.Eugene McMinns caught his third touchdown of the season, Arrien McDonald led the team in punt return yardage and Shelton Williams got the start on the offensive line in the Axem
Formal economy 'overpaying' its share of taxes
Poor compliance, caused by corruption, limited accountability and a lack of enforcement, has resulted in the Bahamian formal economy paying a disproportionate share of this nation’s taxes.
The runaway bride . . .
CALIFORNIA bride-to-be, Sheri Smith will tie the knot in Inagua on January 16, two days before she will tie her laces and run in Marathon Bahamas.
GB Power: Base raten rise offset by efficiency gains
GB Power: Base raten rise offset by efficiency gains Grand Bahama Power Company (GBPC) says the $0.03 base rate increase set to be imposed on consumers under its new tariff structure will be offset by fuel savings resulting from efficiencies generated by
Tap into your future
Tap into your future By ALESHA CADET Tribune Features Reporter BAHAMIAN Entertainer Tracey Ann Perpall (TAP) is hosting a four hour seminar to encourage young women to discover their self-worth. The sketch comedy artist said the overall goal of Thursday
Non-profit reveals 36% fall in distributed meals
The Bahamas Feeding Network (BFN) yesterday said corporate donations have dropped-off noticeably since the COVID pandemic even though one in every eight Bahamians is thought to be living in poverty.
Davis defends $14m spending on clinic contracts
“The 80 people in Rum Cay, 72 in Ragged Island or the 700 in Berry Islands all have the same rights as those in New Providence. They are all citizens. None has priority over the other,” Mr Davis said.
Eleuthera ‘jewel’ for sale at $15m
A “jewel of Eleuthera” is said to be attracting significant buyer interest after being put up for sale with a $15m price tag, a local realtor has disclosed.
Prison outbreak would be disaster
When the Bahamas Department of Correctional Services was relocated at Fox Hill in 1952, it was built to house a total of 334 inmates, with the main facility having a capacity of 224; a first offender’s facility being able to accommodate 80 inmates and a female’s facility, 30 inmates.
GB POWER PLANT 'OVER 60% DONE'
By NEIL HARTNELL Tribune Business Editor Grand Bahama Power Company yesterday said its new generation plant is "more than 60 per cent complete" after a $40 million investment to-date, as the BISX-listed company that holds 50 per cent of its equity unveil
Golf event creates 3,000 room nights
ATLANTIS’S top executive yesterday said the wekend’s Pure Silk-Bahamas Ladies Professional Golf Assocation (LPGA) tournament generated some 3,000 room nights for the resort.
Referendum leaves Bahamas exposed to laundering sanctions
THE Bahamas remains exposed to potential international sanctions over illegal web shop gaming as a result of Monday’s referendum, the ‘Yes’ vote campaign co-ordinator wartned yesterday.
Fines may go up to $500 for removal of derelict cars
THE Christie administration’s push to bring changes to the Derelict Motor Vehicles Disposal Bill will see harsher fines and penalties enforced on law breakers.
It's time to dig out the jerry curl wigs!
JUST about every week different parties and events are hosted on the island, but very few offer fun for the ‘mature’ partygoer. One promotion company seeks to fill that void by presenting more events that will cater to the more mature crowd.
Swimmers get set for the 23rd Speedo Winter Championships
Betty Kelly Kenning National Swim Complex was crowded this past weekend as spectators from Abaco, Grand Bahama and New Providence watched as swimmers tried to achieve times to qualify for the 23rd Speedo Winter Swimming Championships in Plantation, Florida, on November 21-24.
Hield held below 10 points, Sooners lose
HOUSTON, Texas — Kris Jenkins was caught in midair as he tried to draw a foul and just as he was about to lose the the ball or be called for a travel, he hurled a desperation three that fell through the bottom of the net to put the Wildcats up by 40.
Devynne helps lead the Boilermakers to second place
DEVYNNE Charlton turned in another big performance over the weekend as she helped to lead the Purdue University Boilermakers women’s track team to a second place finish at the Big Ten Conference Championships in Geneva, Ohio, where she turned in three personal best times, two school records, a facility record and a Bahamian national record.
Insurance ‘confusion’ over first VAT returns
Large insurance industry players were caught up in “confusion” over whether it was necessary for them to complete Value-Added Tax (VAT) returns for January despite their ‘exempt’ status, Tribune Business was told yesterday.
‘Distress’ as private emails revealed by Fitzgerald
SAVE The Bays Director Joseph Darville has said in a newly filed Supreme Court affidavit that the recent public disclosure of STB members’ personal emails by a member of Parliament is “extremely distressing” as it was an invasion of privacy that has left all involved feeling violated.
