Department of Inland Revenue issues list of approved charities/non-profits

Thu, Oct 8th 2015, 08:04 AM


NASSAU, Bahamas -- The Department of Inland Revenue advises the public of the list of approved charities and non-profit organizations for VAT purposes which are eligible to receive VAT refunds on expenses with respect to hurricane relief efforts.
It has already been announced, where disaster relief operations are carried out by charitable and non-profit organizations, provisions exist under the VAT Act for exemptions and refund of VAT on expenses.
Charities and non-profit organizations must register online and obtain a TIN from the VAT Department. They must ensure that the Business Name and TIN is quoted on all local expense receipts.
Charitable and non-profit organizations not named on the list can submit an application online for approval as a charitable organization for VAT purposes.
Click HERE to download the list (PDF).

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