Topic: tax

4 years ago

VAT To Focus On Top 10% of Companies

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Government plans to reduce mandatory Value-Added Tax (VAT) registrants by 1,000 firms and focus all their attention on the 2,700 largest firms that account for 98 per cent of Bahamian GDP.

4 years ago

New Court & Systems In Preparation For VAT

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The government is sending a strong message to potential tax evaders by setting up a new court to prosecute VAT evaders. Businesses will have a host of new responsibilities and obligations when VAT comes into effect.

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