Legislation for the Bahamas government's national budget for the period 2015/2016 came into effect as of 01 July 2015. The national fiscal year runs 01 July to 30 June.

The Bahamas Government will introduce a value-added tax beginning July 1, 2014.

The European Union Code of Conduct Group has officially recommended the Bahamas' removal from the list of non-cooperative jurisdictions for tax purposes.

The European Union Code of Conduct Group has officially recommended the Bahamas' removal from the list of non-cooperative jurisdictions for tax purposes.

Please be advised that the Competent Authority has today released a list of the exchange partners for The Bahamas with respect to the Automatic Exchange of Information/Common Reporting Standard.

The Government of The Bahamas has implemented Value Added Tax ("VAT") effective 01 January 2015.

The Bahamas was removed from the European Union's (EU) list of Non-Cooperative Jurisdictions for Tax Purposes following a positive technical recommendation from the EU Code of Conduct Group ...

Only July 1st, 2021 The Government of The Bahamas officially expressed its support, for the proposals of the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting to reform the global taxation system.

The Bank of N.T. Butterfield & Son Limited reported net income of $26.1 million for its first quarter ending 31 March 2004.

In the 2012/2013 Budget Communication presented by the The Right Honourable Prime Minister Perry Christie, the Government communicated its intention to amend the Stamp Act and the Real Property Tax Act.

On the 25th of February, 2013 Prime Minister Perry Christie, in his 2012/2013 Mid-Year Budget Statement, with a view of strengthening and assisting the administration of real property taxes in the Bahamas.

We reported recently on the forthcoming corporate income tax that the government in the Bahamas is well on the way to introducing – but there have been strong calls for a rethink.

The Government’s Budget for 2014/2015 was presented in Parliament on Wednesday, 28 May 2014 by the Rt. Hon. Perry G. Christie, MP, Prime Minister and Minister of Finance.

Property owners whose Property has never been declared or assessed may now file a Declaration of Ownership form with the Real Property Tax Department and receive an entire waiver on taxes and surcharges for years prior.

On Wednesday, May 27th, 2015, the Prime Minister presented the 2015/2016 Budget to the House of Assembly.

This article considers the tax consequences of transferring Bahamian real property held by a company for estate planning purposes.

The Bahamas has recently committed to adopting the Automatic Exchange of Information Standard ("AEOI Standard") which the Government states it will implement by means of individually negotiated bilateral treaties by end of 2018.

On 1 March 2021 Prime Minister Dr Hubert Minnis announced a Real Property Tax (RPT) Forgiveness Programme which will provide waivers to Bahamian and non-Bahamian property owners in The Bahamas who are in arrears.

CERTAIN RELIEF AND INCENTIVES under the Real Property Tax Act were introduced in July 2015 that are important to be reminded of for the tax year 2016.

A White Paper on Taxation Reform was tabled in Parliament on Wednesday 13 February 2013.