The Bahamas is on the list of jurisdictions that have multiple banks still happy to work with US customers despite steep tax compliances.
A La Plage, a resort wear shop at Atlantis Marina Village, won top honours and a cheque for $1,000 in the Bahamas Priceless program, co-sponsored by the Ministry of Tourism and MasterCard.
Bain and Grants Town MP Dr. Bernard Nottage and Perry Christie both failed to make use of the funds allocated to them for the purpose of improving their constituencies.
The FNM has issued a ‘Truth Alert’ to clarify the false claims made by the PLP in their attack of the FNM’s spending on infrastructure improvements.
International Protector Group (IPG), a leading international fiduciary services provider, has announced a major new service to allow the organisers of complex trusts, wherever they are based worldwide, to take advantage of The Bahamas Executive Entity.
The Ministry of Housing’s Freeport division is under investigation following concerns over a discrepancy with a payment to a contractor.
The Inter-American Development Bank (IDB) pumped in an urgent ‘retroactive’ $13 million more to keep the roadworks project from shutting down. Total borrowed from the IDB is now $227 million.
R. Allen Stanford was convicted of defrauding nearly 30,000 investors in 113 countries in a Ponzi scheme involving $7 billion in fraudulent high-interest certificates of deposit at a caribbean-based bank.
The 12% stamp tax on property transactions over $250,000 coupled with increases in annual property tax is costing The Bahamas much-needed business and discouraging buyers.