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PM meets with EU tax chief

Prime Minister Dr Hubert Minnis and his delegation met with Stephen Quest, Director General of the Directorate Generale for Taxation and Customs Union of the European Commission, and senior members of his team January 15, 2019, in Brussels. Pictured: (from left) Stephen Coakley Wells, advisor to the Minister of Finance; Attorney General Carl Bethel; Prime Minister Minnis; and Viana Gardiner, COO, PMDU. (Photo courtesy BIS)

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TheBahamasInvestor.com
Wednesday, January 16, 2019
Wednesday, January 16, 2019

Prime Minister Dr Hubert Minnis and his delegation met with Stephen Quest, Director General of the Directorate Generale for Taxation and Customs Union of the European Commission, and senior members of his team January 15, 2019, in Brussels.

The Directorate Generale is responsible for the implementation of taxation policy in the European Union.


“Both parties agreed that the meeting was very constructive,” Prime Minister Minnis said. “This meeting allowed The Bahamas to ensure that the European Commission clearly understood the importance to The Bahamas of its longstanding relationship with member states of the European Union, in particular our trade relationship under the Economic Partnership Agreement.”

The parties discussed the implementation by The Bahamas of commitments agreed and recently enacted to further and to maintain good economic relations with the European Union.

Tuesday’s meeting between the Prime Minister and the Director General is part of an ongoing process which included prior technical meetings.

At the meeting, Attorney General Carl Bethel gave an overview of the new legislative regime.

Director General Quest noted that The Bahamas and the European Commission enjoy a productive and long-standing relationship. He encouraged and supported ongoing engagement.

As the head of government, the Prime Minister reaffirmed the government’s commitment to the highest level of the Directorate Generale.

The discussions with EU officials led by Prime Minister Minnis demonstrates the commitment of The Bahamas to protecting the financial services sector, while maintaining a relevant and competitive position of the sector, and to take all possible proactive steps to protect our national economic interests.

The Prime Minister returns to The Bahamas today.

PO8, the award-winning Bahamian tech company, was recently selected as the winner of the Creative Business Cup Award from a pool of over 250 tech companies competing in Santiago, Chile. Read about their achievement here.

DevDigital, a software and web development company based in Nashville, TN, has announced that it has launched operations in the Commonwealth of The Bahamas, and will be headquartered in Freeport on Grand Bahama Island. Offices in Nassau and Freeport will service US-based and regional clients.

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