Prime Minister Philip Brave Davis recommended that the International Monetary Fund (IMF) not change to the previous administration when it upheld the government’s decision to reduce value-added tax (VAT) to 10% and tax bread baskets. Said. That VAT structure requires the tax to be raised to 15%.
Source: worldakkam.com
Latest Posts in "Bahamas"
- Consumer Protection Commission Warns Against Price Gouging During Back-to-School VAT Holiday
- Guidance on Provisional VAT Invoice for Conveyances Issued by Inland Revenue Department
- Bahamas to Reduce VAT to 5% on Basic Commodities and Medical Supplies from September 2025
- Superwash Expansion Faces Challenges Due to $1m VAT Reform, Says Former Minister D’Aguilar
- FNM Pledges to Slash Yacht Tax Rate, Reversing VAT Hike to Boost Industry Competitiveness
