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  2. Economy of the Bahamas - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_Bahamas

    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% ...

  3. Taxation in the Bahamas - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_Bahamas

    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]

  4. Inland Revenue - Wikipedia

    en.wikipedia.org/wiki/Inland_Revenue

    The Inland Revenue was, until April 2005, a department of the British Government responsible for the collection of direct taxation, including income tax, national insurance contributions, capital gains tax, inheritance tax, corporation tax, petroleum revenue tax and stamp duty. More recently, the Inland Revenue also administered the Tax Credits ...

  5. Bahamas Customs Service - Wikipedia

    en.wikipedia.org/wiki/Bahamas_Customs_Service

    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 ...

  6. Taxation in the British Virgin Islands - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_British...

    The current rates (as at June 2007) are 10% for small employers [9] and 14% for larger employers. 8% of the total remuneration is deduction from the employee, the remainder of the liability is met by the employer. The first US$10,000 of remuneration are free from payroll tax.

  7. The Bahamas - Wikipedia

    en.wikipedia.org/wiki/The_Bahamas

    The Bahamas. /  25.07806°N 77.33861°W  / 25.07806; -77.33861. 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 ...

  8. Inland Revenue Department (New Zealand) - Wikipedia

    en.wikipedia.org/wiki/Inland_Revenue_Department...

    Website. www .ird .govt .nz. Inland Revenue or Inland Revenue Department ( IRD; Māori: Te Tari Taake) is the public service department of New Zealand charged with advising the government on tax policy, collecting and disbursing payments for social support programmes, and collecting tax .

  9. Cabinet of the Bahamas - Wikipedia

    en.wikipedia.org/wiki/Cabinet_of_the_Bahamas

    v. t. e. The Cabinet constitutes the executive branch and has general direction and control of the Government of The Bahamas. It is necessary for the Cabinet to comprise at least nine Ministers inclusive of the Prime Minister and Attorney General. All Ministers are Members of Parliament of either the House of Assembly or the Senate.