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PM highlights incentives for corporate tax
PRIME Minister Phillip “Brave” Davis highlighted incentives for The Bahamas to introduce a corporate income tax yesterday, noting that multinational companies could face a “top-up tax” in their base country if The Bahamas does not conform with the global minimum tax push.
BBF announces coaching committee, application process
THE Bahamas Basketball Federation (BBF) announced their coaching selection committee during yesterday’s press conference at the Thomas A Robinson National Stadium.
BTC donates $5,000 to Sandilands Rehabilitation Centre Push-a-Thon
THE Bahamas Telecommunications Company Ltd (BTC) donated $5,000 to the 12th edition of the Sandilands Rehabilitation Centre’s (SRC) 2023 Push-A-Thon.
PM: We might as well get 15% corporate tax revenue
The Prime Minister yesterday extended the corporate income tax consultation period by almost two months to end-August 2023 as he reassured that the Government has not decided upon "any particular policy action".
'Screeching economic halt' if diesel stop lasts 10-14 days
Bahamians could "see a totally different economy" if the decision by most petroleum dealers to halt diesel sales lasts for up to two weeks, a well-known contractor warned yesterday.
Corporate tax certainty 'vital' to Freeport future
Grand Bahama's Chamber of Commerce president yesterday said it was "vital" to business certainty and investor confidence that Freeport gain clarity on whether, and how, corporate tax will be implemented in the Port area.
‘We want to make sure we have the best team’ for CAC
With the 2023 Central American and Caribbean Games all set for June 23 to July 8 in San Salvador, El Salvador, the Bahamas Olympic Committee is still looking at putting together the pieces for Team Bahamas’ participation.
Chess tournament set to make the history books
THE Orjan Lindroth Memorial Chess Tournament is set to make history as the 1st FIDE Title Norm chess tournament to be held in The Bahamas.
Relatives increase efforts to find missing 20-year-old Kyle Carey
RELATIVES of a missing 20-year-old man are increasing their search efforts and remain hopeful for his return.
MARCO alert creates buzz and criticism of system
THE senior police officer responsible for the MARCO alert system said the alerts would have a link showing a picture of the missing person in the future.
Corporate tax 'driven' by revenue demands
The Government's corporate income tax proposal is "driven" by the need to increase revenues and could "be a gateway" to further progressive reforms that ultimately include a personal income tax, a governance reformer said yesterday.
Silver Airways adds two routes to Family Islands
A US airline has added two non-stop routes to the Family Islands from Orlando this past weekend.
Craig Flowers and FML face winding-up petition
FML's ex-chief operating officer has filed a Supreme Court petition to have the web shop chain wound-up as his five-year legal battle with Craig Flowers escalates into a new phase.
Court of Appeal stays Gibson corruption trial
THE Court of Appeal stayed Adrian Gibson’s corruption trial yesterday pending the outcome of his appeal of a ruling from Justice Cheryl Grant-Thompson.
Man held on charges of a spree of sexual assaults
A MAN was jailed yesterday after being charged with a spree of sexual assaults in the Golden Isles area this month.
Elana Mackey pleased with her performance
ELANA Mackey said she has been really pleased with her progress during her past season at Mars Hill University in North Carolina.
WORLD VIEW: 1.5°C is upon us - are we prepared?
THE report on May 17, from the World Meteorological Organization, (WMO) that global temperatures are likely to surge to record levels in the next five years should have sent all Caribbean institutions, such as the CARICOM Secretariat, the Caribbean Development Bank, and the Caribbean Community Climate Change Centre, into overdrive to explore further ways in which the region could accelerate efforts to avert this calamity.
‘Hold owners to account’ for pit bull attacks
BAHAMAS Humane Society President Kim Aranha said dog owners who fail to train or restrain their pit bulls properly should be heavily fined, but pit bulls should not be banned.
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.
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.
