Call for clarity on Baha Mar

Tue, Oct 25th 2016, 10:51 AM

 

AMID persistent questions on whether the government should have amassed substantial stamp tax from the transfer of ownership of the Baha Mar resort, a noted industry professional yesterday called on the Christie administration to be more transparent in explaining the inner workings of the resort’s sale to quash concerns over the extent of the government’s involvement with $3.5bn development.
Before a decision on stamp duty is made, Chamber of Commerce and Employers Confederation Chairman Gowon Bowe told The Tribune that key details need to be clarified and the government should now prepare to be “very explanatory on a lot of the decisions” that have been made on Baha Mar...

AMID persistent questions on whether the government should have amassed substantial stamp tax from the transfer of ownership of the Baha Mar resort, a noted industry professional yesterday called on the Christie administration to be more transparent in explaining the inner workings of the resort’s sale to quash concerns over the extent of the government’s involvement with $3.5bn development.

Before a decision on stamp duty is made, Chamber of Commerce and Employers Confederation Chairman Gowon Bowe told The Tribune that key details need to be clarified and the government should now prepare to be “very explanatory on a lot of the decisions” that have been made on Baha Mar...

 

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