November 8th, 2015 (Nassau, Bahamas) – The Department of Inland Revenue (CRA) reminds the public that fines and penalties are now being imposed as a result of the July 2015 amendment to the Business Licence Act. The department also reminds the public that the deadline for filing business licence renewal applications is January 31st and…

November 8th, 2015 (Nassau, Bahamas) – The Department of Inland Revenue (DIR) wishes to advise the public that it now has a new website. It can be accessed in two ways: http://inlandrevenue.finance.gov.bs http://www.inlandrevenue.finance.gov.bs The website is more user-friendly and gives access to information on Value Added Tax (VAT), Business License, Real Property Tax and First…

November 5th, 2015 (Nassau, Bahamas) – The Department of Inland Revenue (DIR) will be in Long Island next week to allow business owners to have the opportunity to meet with them and discuss the new Business Licence online system which is part of the existing Online Tax Administration System (OTAS). The team will be in…

November 1st, 2015 (Nassau, Bahamas) – The Department of Inland Revenue wishes to advise the public that it has released updated VAT Guidance Notes to be read in conjunction with the VAT Act 2014 and Regulations 2014. The updates were done as some of the information relevant to all of the guides have been revised….

October 28th, 2015 (Nassau, Bahamas) – The Department of Inland Revenue (DIR) will be in Bimini next week to allow business owners to have the opportunity to meet with them and discuss the new Business Licence online system which is part of the existing Online Tax Administration System (OTAS). The team will be in town…