Instituting a New Electricity Regime in The Bahamas

The Electricity Rate Reduction Bond Act 2015 (“ERRBA”) and the Electricity Act 2015 (“EA 2015”) (together “the Acts”) came...

Do you own UK residential property through an offshore company?

If you own UK residential property through an offshore company, it is important to be aware of the tax...

Bahamas Charts a Clear Path – International financial centre remains versatile and resilient

“The Bahamas continues to demonstrate its resilience, diversity and status as a well-regulated and attractive jurisdiction.”

The Criminalization of Corporate Facilitation of Tax Evasion

The United Kingdom’s Criminal Finances Act, 2017 (the “Act”), which came into force on the 30th of September 2017,...

Primeo v HSBC – Landmark Judgment Handed Down in Grand Court

In a landmark judgment in the Cayman Islands Grand Court in August, Justice Jones QC dismissed a claim for...

Bahamas Legislative Amendments: Industrial Relations

The Industrial Relations (Amendment) Act 2017 (the “Amendment Act”) has resulted in notable changes to an employer’s duty to...

CRS / FATCA Deadline – Final Extension

The Department for International Tax Cooperation sent an industry update this month advising of the deadlines for registering and...

Bahamas Legislative Amendments: Business Licences

The Business Licence (Amendment) Act came into force on the 1st July, 2017 and effects changes to the business...

Bahamas Legislative Amendments: Stamp Duty

There have been several recent amendments to the stamp duty regime by virtue of: The Stamp (Surcharge Amnesty) Act,...