Legislative Amendments: Real Estate Transactions in The Bahamas

10/21/2015

In the 2014/2015 Budget Communication presented by The Right Honourable Prime Minister Perry Christie, the Government communicated its intention to amend the Value Added Tax Act and the Stamp Act in ways which will affect real estate transactions in The Bahamas. These amendments are reflected in the Value Added Tax (Amendment) Act, 2015 and the Stamp (Amendment) Act, 2015 (both of which took effect on 1st July, 2015).

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