- Prime Minister Philip Davis announced a significant reduction in the value-added tax on food
- The VAT on food sold in food stores in the Bahamas will be cut by 50 percent
- This change will start on April 1
- The aim is to alleviate the burden of rising food prices
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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