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Tax environment ‘worrisome’ for Bahamas-keen investors
A SENIOR accountant yesterday suggested The Bahamas should "pause" to assess whether its tax structure and mooted reforms are making the jurisdiction sufficiently attractive to investors.
A helping hand as business teams with Urban Renewal
A BREAKFAST initiative was held yesterday by the Lakay Lounge in conjunction with the Nassau Village Urban Renewal Centre.
Witness faints in court after Adrian Gibson trial testimony
A WITNESS in Adrian Gibson’s criminal trial fainted in court after testifying yesterday, prompting court employees to call the ambulance.
Eviction notices placed on 95 shanty structures in Abaco
EVICTION notices were posted on 95 structures in an unregulated community in Abaco on Wednesday as the government ramps up efforts to eliminate shanty towns on that island.
Minister of Sports Mario Bowleg impressed with baseball growth
LAST week was filled with celebrations as seven Bahamian baseball players signed professional contracts with five Major League Baseball (MLB) organisations during the 2024 MLB International Signing period to kickstart the next chapter of their baseball journeys.
NPBA Recap: CB Giants, Cyber Tech Blue Marlins remain undefeated
THE Commonwealth Bank Giants, the reigning division one champions, along with the Cyber Tech Blue Marlins reeled in emphatic victories against the Sunlight Cottage Stampers and Mekaddish Millionaires in Wednesday’s action for the New Providence Basketball Association (NPBA).
Business Licences: Up to 20% facing extra scrutiny
UP to one in five Business Licence filings are facing extra scrutiny by the tax authorities, it was revealed yesterday, with construction, landscaping and “home based” auto dealers causing particular concern.
Unpaid property taxes hit $690m at mid-2021
UNPAID real property tax arrears totalled $690m at end-June 2021 despite exceeding target by 37 percent that fiscal year, the Government’s top financial watchdog revealed yesterday.
Albany chief faces ‘largest insider trading’ fine for decade at $50m
THE Bahamas-based billionaire who led Albany’s development will pay “the largest financial penalty for insider trading in a decade” at $50m after he yesterday pleaded guilty to perpetrating a securities fraud.
‘Moral imperative’ to boost financial watchdog’s staff
THE Government’s top financial watchdog has warned that “insufficient” staffing and resources are undermining its ability to protect Bahamians and hold successive administrations to account.
Bahamasair plane forced to return due to engine defect
A BAHAMASAIR plane leaving Crooked Island yesterday was forced to immediately return after an incident occurred due to an engine defect shortly after take off.
Teen pump attendant shot in face at gas station has fractured skull
THE teenager shot in the face at a gas station on Tuesday night was disoriented but talkative after the attack, which has left him with a fractured skull and caused sales at the station to plummet.
Rising hoops star VJ named to McDonald’s All-American roster
Bimini native Valdez “VJ” Edgecombe can now add being named to the 2024 boys McDonald’s All-American roster to his already long list of impressive accolades.
Sonja Knowles Track Classic on Saturday
THE fourth edition of the Sonja Knowles Track Classic returns to the original Thomas A Robinson Stadium this Saturday and Sunday with a new timing system to facilitate a quicker and more efficient track meet.
Man admits to four bail breaches, fined $2,000
A 20-year-old man was fined $2,000 after admitting to breaching his curfew while on release for a pending murder charge.
EDITORIAL: Be grateful for international support, but mind the red tape
THERE is a saying – often said to be an African proverb but whose exact origin is unclear – that comes to mind after today’s story in The Tribune about support being pledged by the United Kingdom in case of future hurricanes.
RBDF Commodore pleased with how many women moved up in rank at recent promotions
SOME 400 people were promoted in the Royal Bahamas Defence Force earlier this month, and Commodore Raymond King is especially pleased with how many women are moving up the ranks.
PM: Break your bail and your bail is gone
Prime Minister Philip "Brave" Davis today tabled several amendments to the Bail Act intended to send strong message to bail offenders: “Break the law on bail, and your bail is gone”.
British billionaire and Albany developer Joe Lewis pleads guilty in insider trading case
British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York, saying he knew that sharing nonpublic information about publicly traded companies was wrong and that his crimes have left him "so embarrassed."
‘Absolute frenzy’ on VAT over tax portal struggles
BUSINESSES endured “an absolute frenzy” to meet Monday’s VAT payment deadline due to continued “growing pains” with the Department of Inland Revenue’s tax portal, it was revealed yesterday.
