The IMF Issues Statement at the end of the Article IV Consultation Mission to The Bahamas

Authored by: Ministry of Finance Source: Ministry of Finance Date: November 15, 2013 Nassau, Bahamas, November 15, 2013: The Ministry of Finance welcomes the constructive dialogue that the IMF’s Article IV Mission facilitates. This process allows the Fund’s global membership to give feedback on domestic economic developments and policies in The Bahamas. These consultations enable…

VAT Team acquires Integrated Tax Administration software

Authored by: Gena Gibbs Source: Bahamas Information Services Date: October 29, 2013 Nassau, The Bahamas —  Considering 10 companies that responded to the Ministry of Finance’s Expression of Interest (EOI), the VAT implementation team has chosen Data Torque software as an Integrated Tax Administration Information System (ITAIS).  Data Torque meets the criteria required of the…

Finance Ministry opens the national discussion on VAT implementation

Authored by: Gena Gibbs Source: Bahamas Information Services Date: September 22, 2013 State Minister for Finance, the Hon. Michael Halkitis speaks at BACO seminar and luncheon (BIS Photo / Eric Rose) Nassau, The Bahamas — Competition and AntiTrust legislation designed to target expected inflation, is of concern to the financial and business community to insist…