Tax

As offshore jurisdictions like The Bahamas continue their transition from no-tax jurisdictions to low-tax jurisdictions, it has become exponentially more important for businesses to obtain expert tax advice during the planning of their business operations and negotiation of transactions to minimize their tax exposure and maximize tax benefits and opportunities.

The Higgs & Johnson Tax Group offers expert legal advice and representation to meet all our clients’ tax-related needs. Our team of experts represents clients in all aspects of tax law, including with respect to the following:

• Advising large multinational enterprise groups on the applicability of Pillar Two legislation in The Bahamas to their operations;
• Advising clients on the tax implications of their business activities in The Bahamas;
• Guiding clients through mergers, acquisitions, joint ventures, and reorganisations and advising on the tax implications of the contemplated transactions;
• Representing clients in all stages of tax disputes with the tax authority, including audits, objections, negotiating settlements, and prosecuting appeals;
• Advising clients on international tax matters, including compliance with Tax Information Exchange Agreements (TIEAs), FATCA, CRS, and Multinational Reporting requirements.

Our Tax Practice Group also provides advice regarding obtaining advance tax rulings and other guidance from the Department of Inland Revenue.

Through our local tax experts and our global collaborations, we can help our clients confidently navigate the ever-changing and increasingly complex tax environment.