Topic: VAT

4 years ago

VAT and PLP On Shaky Ground

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VAT and PLP On Shaky Ground

The revelation by The Nassau Guardian last week that the government’s chief advocate for value-added tax, Ishmael Lightbourne, has been…

4 years ago

Young Man’s View: Bahamas At A Dangerous Crossroad

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Young Man’s View: Bahamas At A Dangerous Crossroad

Recently, Governor of the Central Bank Wendy Craigg urged the Government to quickly address the issue of unregulated web shop gaming and the associated vulnerabilities presented as a result and, even more, cautioned that this sector in its current state threatened to undermine proposed plans for a Bahamian Credit Bureau.

4 years ago

Lightbourne: IMF Did Not Force The Bahamas into VAT

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Lightbourne: IMF Did Not Force The Bahamas into VAT

The country’s decision to implement VAT was not as a result of the International Monetary Fund (IMF) holding a gun to the head of The Bahamas government, Ministry of Finance Consultant Ishmael Lightbourne told dozens of people gathered at the Ministry of Finance’s VAT information forum at Evangelistic Temple recently.

4 years ago

PLP Government: Powerless or Corrupt

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PLP Government: Powerless or Corrupt

A Year after the referendum, every number shop is still in business. In fact, more have been opened since the election. So in essence the government is either powerless to shut them down or simply corrupt.

4 years ago

Over 100 Retailers United in Opposition to VAT

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More than 100 retailers have joined an industry federation opposing Value-Added Tax’s (VAT) introduction, its co-chairman charging that Barbados’s predicament had “completely dispelled” the assumption the tax was a “magic bullet” for this nation’s fiscal woes.

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