Crackdown by Bahamian Government on property tax arrears
By: Jana Ward, Real Estate Associate, Lennox Paton
Publication Date: June 2025
Property Owners no longer have the luxury of neglecting to pay their real property taxes for years on end. In an effort to collect more tax revenue and to deter property owners from accumulating significant tax arrears, the Department of Inland Revenue (“DIR”) has more recently sought to enforce its remedy of the power of sale under the Real Property Tax Act (“the Act”).
07 July 2025