The Bahama Journal – Jones Communications Network

Attorneys from local law firm Graham Thompson participated in an “Americas Anti-Corruption Roundtable,” comprising expert discussion on issues related to risk exposure, trends, policies, avoidance strategies, planning and compliance last month in Miami. The firm co-hosted World Services Group’s (WSG) first annual meeting of the Americas in Miami, Florida from February 19 to February 21, […]

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The cause of this disease is still unknown and a cure has yet to be found. Parkinson’s disease is the second most common neurodegenerative disease after Alzheimer’s, affecting an estimated four million worldwide. Parkinson’s disease deteriorates one’s nervous system over time affecting breathing, balance, movement and heart function. It can affect anyone regardless of age […]

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Two colleagues in the real estate arena, William Wong and Chris Darville, have now merged their real estate businesses into one company to form Darville-Wong Realty. The details were finalised on February 1. Both Wong and Darville, said they seriously have been discussing the merger for the last four years and decided now to make […]

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The head of the Bahamas Tourism and Hotel Association (BTHA) is calling for Bahamians to throw their support behind a Smart Tax; one that protects the tourism industry, government revenue, the economy and employment opportunities now and into the future. Pointing to the major tourism investments on tap for the country, BTHA President Stuart Bowe […]

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The attorney representing five of the biggest web shop owners in the country does not feel that the government’s recent announcement to regulate web shop gaming this summer should call for a delay in the implementation of Value Added Tax (VAT). Wayne Munroe said he believes the sooner VAT is implemented, the better. Tourism Minister […]

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Now that the government has announced plans to regularise and tax web shops in the country Minister of State for Finance Michael Halkitis said the government will now consider revisiting the details of the proposed Value Added Tax (VAT) as well as other forms of taxation. “If the government is able to “realise revenue” from […]

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In the wake of the government announcing its decision to legalise web shop gaming by July 1, a veteran hotelier said if this does come to fruition, the government should be able to lower the proposed percentage of Value Added Tax (VAT). Senior Vice President of External and Governmental Affairs at Baha Mar Robert Sands […]

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The government on Thursday signed its 31st Tax Information Exchange Agreement (TEIA) with the Government of Czech Republic during a press conference at the Ministry of Foreign Affairs. Minister of State for Finance Michael Halkitis said this signing further demonstrates the country’s commitment to adhere to the highest international standards. “The Bahamas welcomes the conclusion […]

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The implementation of value added tax (VAT) will assist with the poverty level in the country as well as unemployment, according to Financial Secretary, John Rolle. Mr. Rolle addressed reporters yesterday on some of the positives that will come out of the new taxation system. “We have to protect the poor,” he said. “That is […]

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Executives of Commonwealth Bank reported a 35 per cent increase in profits its third quarter but Executive Chairman of the bank William Sands says the bank is still “cautiously optimistic” due to the country’s fragile economy. “While we are cautiously optimistic about the remainder of 2013, the bank is closely monitoring pending changes in the […]

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