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VAT laws tabled in House of Assembly – video

Tax reform efforts by the government are gathering speed, as Minister of State for Finance Michael Halkitis looks to introduce a 7.5 per cent value added tax later in the year. Watch a ZNS Network news interview with Halkitis here. 

Source:
Date:
Updated:
ZNS News
Friday, July 25, 2014
Friday, July 25, 2014

Continue to see videoTax reform efforts by the government are gathering speed, as Minister of State for Finance Michael Halkitis looks to introduce a 7.5 per cent value added tax later in the year.

Local accountant Philip Galanis, managing partner of HLB Galanis & Co, says that he is optimistic about economic growth returning to The Bahamas in the next one to three years on the back of the opening of Baha Mar in December, foreign direct investment in the Family Islands and increased tax income. Watch a ZNS Network news report here.

The country’s maritime industry got a boost this week with the decision by Svitzer to open its Regional Training Centre in Freeport, Grand Bahama.

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