Search results
Results from the WOW.Com Content Network
The Bahamas has no income tax, corporate tax, capital gains tax, or wealth tax. Payroll taxes fund social insurance benefits and amount to 3.9% paid by the employee and 5.9% paid by the employer. In 2010, overall tax revenue was 17.2% of GDP. A value-added tax (VAT) of 7.5% has been levied 1 January 2015. It then increased from 7.5% to 12% ...
Taxation. Taxation in the Bahamas is collected by the Government of the Bahamas. The Bahamas are considered a tax haven given the lack of income tax, capital gains tax, inheritance tax or company tax. [1] Government tax revenue is instead derived from consumption, property and import taxes as well as licence fees. [2]
The Bahamas ( / bəˈhɑːməz / ⓘ bə-HAH-məz ), officially the Commonwealth of The Bahamas, [12] is a country in North America. It is an island country within the Lucayan Archipelago of the West Indies in the Atlantic Ocean. It contains 97% of the Lucayan Archipelago's land area and 88% of its population. The archipelagic state consists of ...
The Board of Inland Revenue Stamping Department Archive in the British Library contains artefacts from 1710 onwards, and has come into existence through amendments in United Kingdom legislation. [1] This collection is a key resource for researchers interested in Great Britain and some Commonwealth countries postal and revenue philately and ...
This adjustment in tax policy was integral to the British Virgin Islands' broader financial strategy. The tax is paid at a graduated rate depending upon the size of the employer. The current rates (as at June 2007) are 10% for small employers and 14% for larger employers. 8% of the total remuneration is deduction from the employee, the ...
Bahamas Customs Service. Bahamas Customs & Excise Department is the agency of the Bahamian government responsible for collecting revenue and taxes. It was established on March 21, 1914, by an act of the Bahamian Legislature known as an Act to provide for the establishment of a Customs Department. About 55% to 60% of revenue collected in the ...
Arable land and agriculture challenges. Only about 0.8% of the Bahamas' land area is arable, about 140 square km (54 square miles). Most arable land is on New Providence, Abaco Islands Grand bahama, Andros, and Grand Bahama islands; challenges for Bahamian agriculture include limited fresh water resources for irrigation, the difficulties of inter-island transport of goods in the archipelago, a ...
Patricia Cole Cozzi (ca 1926 – April 8, 2006) was the first female lawyer in The Bahamas . The daughter of A.K. Cole, Controller of Customs, she was born Patricia Marjorie Cole and was educated at Queen's College in Nassau and studied law at Victoria College in Toronto. She completed her legal studies at the Middle Temple in London and was ...