Quickbooks to remit VAT to The Bahamas government
Intuit Limited, the company which developed and markets the popular Quickbooks accounting software package is the latest international company to announce that it will begin remitting Value-Added Tax (VAT) to The Bahamas government.
The company in a recent notice to Quickbooks subscribers said that based on VAT legislation in the Bahamas it is required to charge VAT on all services to all customers in The Bahamas.- (EWNews)