'We will not be bullied on VAT'

Tue, Mar 4th 2014, 11:02 AM

 

THE GOVERNMENT of the Bahamas will not be “bullied or threatened” to postpone or cancel the implementation of Value Added Tax, Minister of State for Finance Micheal Halkitis said yesterday.
Mr Haikitis was responding to comments made by Super Value’s owner, Rupert Roberts, who warned that a 400 person lay-off may be “coming down the pipeline” across his various food retail interests unless the Government relents over its Value-Added Tax (VAT) proposal, Price Control, and other recent tax increases...

THE GOVERNMENT of the Bahamas will not be “bullied or threatened” to postpone or cancel the implementation of Value Added Tax, Minister of State for Finance Micheal Halkitis said yesterday.

Mr Haikitis was responding to comments made by Super Value’s owner, Rupert Roberts, who warned that a 400 person lay-off may be “coming down the pipeline” across his various food retail interests unless the Government relents over its Value-Added Tax (VAT) proposal, Price Control, and other recent tax increases...

 

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