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Gov’t, web shops at odds on ‘back taxes’

The Government and web shop industry are at odds over how the sector’s ‘retroactive taxes’ are to be calculated, with the proposed method seen as “inconsistent” with both the Gaming Act and international norms.

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Small business faces $748m 'financing gap'

Bahamian small and medium-sized enterprises (SMEs) face a “financing gap” that could be as large as $748m, the Bahamas Development Bank’s (BDB) transformation plan estimates. The report, a copy of which has been seen by Tribune Business , suggests t

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Bahamians must 'mobilise corruption outrage to action'

Bahamians must “mobilise their outrage into action” if this nation is to defeat both real and perceived corruption plaguing society, governance reformers urged yesterday.Matt Aubry, the Organisation for Responsible Governance’s (ORG) executive direct

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Cadot and Rose both on the move

A pair of senior men’s national basketball team members were on the move recently as they signed with new clubs in Europe.

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Junior golfers are crowned champions

After picking up a second-place finish, Alex Dupuch said he just wanted to make sure he finally won his first Bahamas Golf Federation junior national golf championship title before he made his exit.

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Praise for Cat Island students

THIRTY-FIVE Cat Islanders received certificates from the Bahamas Technical and Vocational Institute on Saturday and were urged by Commissioner of Police Ellison Greenslade to continue striving for excellence. Mr Greenslade,

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Bahamas dominates at CARIFTA Swim Championships.

THE 36-member Bahamas team will be bringing its fifth consecutive title back home from the CARIFTA Swim Championships.

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$1,000 FINE FOR SELLING MARIJUANA

A 24-year-old man who told police he was selling marijuana to make a “couple of dollars” was yesterday fined $1,000.

Finding a formula for success

Several years ago, there was an article in the Wall Street Journal which laid out an irrefutable formula for success in life, for everyone. That formula is as follows:

Does Junkanoo attract tourists?

Seemingly the new Port folks thought that by having a junkanoo scrap gang to welcome the cruise ship passengers, New Year’s would be a great promotional concept…video on-line is very interesting forget the Junkanoo watch the majority of the cruise passengers walk right past the group performing totally oblivious to them – totally disinterested.

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UPDATED: 22-year-old man shot dead in year’s 85th murder

POLICE are investigating the murder of a 22-year-old man that took place on Monday.

Gov't looking to wrap up February Point deal

THE Government appears to be set for one final wrap up meeting before moving to approve the $8.3 million purchase of Exuma’s February Point.

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Moody’s warn COVID impact will remain beyond 2024

Bahamian economic output will not recover to pre-COVID-19 levels "until after 2024", Moody's has warned, in a stark illustration of the economic devastation unleashed by the pandemic.

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Bridgewater leading scorer with 22.4 points per game

DOMNICK Bridgewater continues his dominant play in his second stint in France’s NM2 League.

Bank unable to recover 95% of VAT ‘inputs’

Commonwealth Bank yesterday predicted it would be unable to recover 95 per cent of its Value-Added Tax (VAT) input payments, given that ‘exempt’ revenue streams form the bulk of its income.

Sports Notes November 14

MACEDONIA and Golden Gates continued where they left off as the Baptist Sports Council’s defending champions, opening up the 2012 season on the winning note in the 19-and-under, co-ed and men’s divisions respectively at the Banker’s Field, Baillou Hills Sporting Complex, on Saturday.

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INSIGHT: The real reasons behind ‘passports for sale’

On January 1, “60 minutes”, an investigative programme aired by the US television company, CBS Corporation, ran a segment on “Citizenship by Investment Programmes” (CIP) that are operated by several countries around the world.

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World View: Competition for benefits of second citizenship is global

Citizenship by Investment Programmes (CIPs) in the Caribbean have been the subject of much criticism, even though the financial and economic benefits of the programmes are undeniable. These programmes are operated by Antigua and Barbuda, Dominica, Gr

Licences 'soon' for nation's second cellular provider, says PM

THE Utilities Regulation and Competition Authority (URCA) will award licences to the country’s second cellular mobile services provider soon, Prime Minister Perry Christie said during his budget communication yesterday.

'I've never seen it like this before'

'I've never seen it like this before' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamas-based used car dealers have seen a significant drop off in business year-over-year, with one telling Tribune Business: "I've never see