- The Bahamas government introduced the Value Added Tax Amendment Bill 2025
- The bill was submitted to parliament on 28 May 2025
- The bill proposes several amendments to the existing VAT Act
- The amendments include changes to sections 2, 18, 22A, 38C, 47A, 47B, 50, 56, 57, 58, 61B, 81, 81A, and the schedules of the principal Act
- New sections 38K and 47C are inserted into the principal Act
- The bill includes the repeal and replacement of certain sections
- The Act is set to commence on 1 July 2025, with a specific clause effective from 1 September 2025
Source: laws.bahamas.gov.bs
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.
