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‘Don’t price ourselves out’ on corporate income tax
Bahamian realtors yesterday said data showing they enjoy near-40 percent gross profit margins is “skewed very far off” as they urged the Government “to be careful we don’t price ourselves out of the market” over corporate income tax.
Wilchcombe: Violence bill advice considered
SOCIAL Services Minister Obie Wilchcombe vowed to consider the recommendations of women’s rights groups during a consultative meeting about the Protection Against Violence Act yesterday.
Father charged with child cruelty and assault with a deadly weapon
A 33-year-old father in Andros was accused of beating his two-year-old daughter and threatening to shoot and kill her and his wife.
Man gets $7,500 bail accused of possession of loaded gun and ammunition in his car
A MAN was granted $7,500 bail after allegedly being found with a loaded firearm in his car last week.
Bahamas destroys Cuba by 41 points
The top ranked Bahamas men’s national basketball team, arguably one of the best teams ever selected, posted an impressive 41-point rout over Cuba to start the FIBA Pre-Olympic Qualifying Tournament in La Banda, Argentina.
Anaiah Rolle makes history in pole vault
WITH a strong background in gymnastics, Anaiah Rolle made a transition to track and field, becoming the first Bahamian female competitor to compete in an international pole vault event.
Red Lobster gains permit for first Nassau restaurant
The Red Lobster franchise yesterday said it has finally received the required Ministry of Works permits to start constructing its first New Providence restaurant which has increased in cost by 25 percent.
Dealer’s ‘art’ expansion as auto sales jump 60%
A Bahamian dealer yesterday revealed it will imminently launch its Automotive Art subsidiary in the belief operators cannot survive on vehicle sales alone despite an industry-wide 60 percent increase for the 2023 first-half.
September seizures for property tax delinquents
Tax officials say they will begin seizing and selling real estate owned by commercial and foreign real property tax delinquents next month, adding: “We’re dotting all the ‘i’s’ and crossing all the ‘t’s’.”
‘Burden cannot be heavier with corporate income tax’
Corporate income tax must not impose a heavier tax burden on businesses than what already exists, private sector executives are warning, while urging that such proposed reform cannot be viewed in “isolation”.
Chief Justice shows Dorian victims mercy
The Chief Justice has shown mercy to a Freeport couple who lost their home in Hurricane Dorian by not dismissing their battle against a commercial bank and top insurance broker over a Supreme Court order breach.
Greg Burrows Jr suspended 15 years
Greg Burrows Sr gets five-year suspension
The Bahamas Baseball Association issued 15 and five-year suspensions respectively to Greg Burrows Jr and Sr for their actions against Curacao’s home plate umpire Edaine Cannister during a medal placement game in the Babe Ruth Caribbean Baseball Championships at the Andre Rodgers Baseball Stadium on July 30.
Crimestoppers are 6-0, Rampage in win column
THE Royal Bahamas Defence Force (RBDF) Rampage and Police Crimestoppers kept their early season momentum going this past weekend for the Bahamas Government Departmental Basketball Association (BGDBA).
Young Bahamian sailors shine in Canada
FIVE young Bahamian sailors competed in the ILCA 6 class at the Cork International and Olympic Regatta as part of the August Regatta Series in Kingston, Canada, August 8-11.
Resort ‘hitting all targets’ with 95% of condos sold
The Goldwynn resort’s developer says its condominiums are 95 percent sold with the property “hitting all of its targets” ahead of what is predicted to be a strong 2024.
Foreign vacation rentals face rising tax compliance burden
Foreign vacation rental owners face an increasing tax compliance burden with the Government handing them the responsibility of ensuring VAT is both levied on the rental income and paid to the Public Treasury.
Grand Cay Government Administrator’s Complex renamed in honour of Roosevelt 'Roosie' Curry
The Government Administrator’s Complex in Grand Cay was officially renamed in honour of the late Roosevelt “Roosie” Curry, a local government practitioner whose service and contributions propelled the island’s development.
Large quantity of marijuana seized in waters near Exuma
A JOINT operation between police and US Customs and Border Protection led to the seizure of a large quantity of marijuana in waters near Exuma on Friday.
Man jailed for shopbreaking, stealing
A MAN was sentenced to eight months in prison after he admitted to breaking into a restaurant and stealing over $2,000 worth of property earlier this year.
$1,500 in fines for possession of ammunition, drugs and breaching probation
A MAN was fined $1,500 after he admitted to having an unfired round of ammunition and drugs in his car in Sunshine Park last week while still on probation for a prior drug offence.