Senior accountant Ronald Atkinson says the Government should implement a 4 per cent sales tax and target a 3 per cent spending reduction as an alternative to Value-Added Tax (VAT).
Super Value’s owner has slammed the proposed sanctions regime for delinquent Value-Added Tax (VAT) payers as “very distasteful”, fearing just one mistake by staff could result in his jailing or loss of passport.
The Tax Coalition’s co-chairman yesterday blasted the proposed sanctions for Value-Added Tax (VAT) non-compliance as exposing an “absurd” double standard, warning the Government it was placing “undue pressure on the private sector”.
The Bahamas Chamber of Commerce and Employers Confederation does not support the taxation of web shops as an alternative form of raising revenue, CEO Edison Sumner said Monday.
CMP will act as a liaison to identify and coordinate opportunities for ARC through partnerships, targeting regional and international media and organizations that have an interest in Caribbean art and culture.
Results of a survey regarding the negotiation and implementation of hotel management agreements and the role they play in the life cycle of a hotel.
BEC Chairman Leslie Miller warned union members there would be grave repercussions if workers acted on threats to disrupt operations at the corporation.
Despite government plans to implement value added tax (VAT) and the planned opening of Baha Mar, Wall Street continues to see the “risks tilted to the downside” for the Bahamian economy.
Alexander Britell highlights the challenges facing Caribbean countries in trying to attract tourists from the BRICS ( Brazil, Russia, India, China and South Africa).