The revelation by The Nassau Guardian last week that the government’s chief advocate for value-added tax, Ishmael Lightbourne, has been…
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.
Perry Christie may have believed in Bahamians, but to paraphrase George Orwell, the maxim seems to have changed to: “All Bahamians are equal, but some Bahamians are more equal than others.”
Free National Movement (FNM) Chairman Darron Cash is calling for the resignation or firing of Ishmael Lightbourne, Consultant and…
The Bahamas’ tax system is antiquated and can no longer support a growing and constantly developing country, Livingston Ferguson, Senior Customs/Revenue Officer, Ministry of Finance told teachers at The Government High School during a session of their professional development workshop January 19.
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.
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.
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.
The Ministry of Finance announced it has launched a hotline with experts standing by to answer questions about the proposed Value Added Tax system set to go into effect July 1.