The government of The Bahamas proposes to make significant amendments to the law relating to stamp duties through an amendment to the Stamp Act. In this regard, the government has drafted the Stamp (Amendment) Bi ll 2010 (the “Amendment”) which is currently being reviewed by parliament. It is anticipated that the Bill will come into force on 1st July 2010.

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Real Property Tax is Going Fully Digital

The Department of Inland Revenue (DIR) sent a recent communication advising that Real Property Tax is going fully digital.

BIN Registration User Guide – The Bahamas

The BIN Registration User Guide is intended for both new and existing taxpayers and explains how to register for...