Turnquest unveils 'one-fit' framework

Fri, Jan 4th 2019, 08:00 AM

 

THE Minnis administration remains concerned that the goal post continues to shift when it comes to the Bahamas maintaining global tax standards, Finance Minister K Peter Turnquest said yesterday, adding this issue has been argued in international forums.
He made the comments during a press conference to announce the government is developing a new framework aimed at strengthening industry regulations and protecting revenue in the Public Treasury.

THE Minnis administration remains concerned that the goal post continues to shift when it comes to the Bahamas maintaining global tax standards, Finance Minister K Peter Turnquest said yesterday, adding this issue has been argued in international forums.

He made the comments during a press conference to announce the government is developing a new framework aimed at strengthening industry regulations and protecting revenue in the Public Treasury.

 

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