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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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New Legislation Welcomed for the Execution of Deeds in The Bahamas

The Property (Execution of Deeds and Documents) Act, 2020 (the “PEDDA”) came into force on 11 December 2020. The...

Higgs & Johnson Praised for its ‘Quality of Advice’

Higgs & Johnson continues to be regarded as ‘one of the most prominent firms’ in the market according to the...