The Bahamas government hosted an Industry Briefing Session on Base Erosion and Profit Shifting (BEPS) and other International Initiatives facing the financial services sector.

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 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 ...

Following consultation with key stakeholders and leaders of industry associations, the Government of The Bahamas has expressed its support, for the proposals of the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting ...

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.

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.

The Government welcomes this decision and the positive impact it should have on growth to investor confidence in the industry.

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.

Are individual shareholders ‘transferors' for the purposes of the UK's transfer of assets abroad regime?

Tax changes came into effect on 01 July 2013 relevant to businesses.

The Bahamas Government announced that it had approved in principle the Model 1 Agreement with the US Government to implement FATCA.

A NEW GOVERNMENT was elected on 10 May 2017 in national elections for The Bahamas Parliament.

THE BAHAMAS AND THE UNITED STATES OF AMERICA FOREIGN ACCOUNT TAX COMPLIANCE AGREEMENT BILL, 2015 was passed by the Bahamian Parliament on 7th August 2015 and now only awaits the Assent of the Governor-General before becoming an Act of Parliament.