Search results for : Stamps
Wilson: Stamp tax is on the agenda
March 26, 2012
Wilson: Stamp tax is on the agenda
The new president of the Bahamas Real Estate Association (BREA) says there is "no question" that the hotly criticized stamp tax needs to be revisited under his administration.Franon Wilson was sworn in as the new president with more than 100 BREA member in attendance at the Nassau Yacht Club last week. He brings to the table considerable experience, including his current position as president of A...
TOP REALTOR CALLS FOR STAMP TAX 'REVERSAL'
March 06, 2012
TOP REALTOR CALLS FOR STAMP TAX 'REVERSAL'
A LEADING realtor is urging the Government to reverse its Stamp Tax increase on real property transactions, arguing that it is costing the Bahamas much-needed business and discouraging both local and foreign buyers.
Mario Carey, head of Mario Carey Realty, reiterated his call for the Government to revisit - and reverse - the Stamp Tax increase implemented in the 2010-2011 Budget, citing the US Na...
Tax rise blamed for 43.1m Stamp Duty shortfall
February 23, 2011
Tax rise blamed for 43.1m Stamp Duty shortfall
By NEIL HARTNELL
Tribune Business Editor
A former Bahamas Real Estate Association (BREA) president yesterday fingered the 2010-2011 Budget's two percentage point 'across-the-board' increase in Stamp Duty as a big factor behind why revenues from real estate transactions performed so poorly during the fiscal year first half.
William Wong, president of William Wong & Associates Realty, told Tribun...
Damianos: We can make a living despite stamp tax
February 06, 2012
Damianos: We can make a living despite stamp tax
The president of Sotheby's International Reality is chiming in concerning the 12 percent stamp tax and its impact on the property sector.
However, George Damianos is offering a perspective that differs from some of his peers.
Although it's not a secret that the stamp tax, legal fees and commissions make purchasing a piece of paradise a costly proposition, the top realtor said his sales have not be...
HOME BUYERS LOSE 81K OVER STAMP DUTY 'LOOPHOLE'
January 25, 2012
HOME BUYERS LOSE 81K OVER STAMP DUTY 'LOOPHOLE'
By NEIL HARTNELL
Tribune Business Editor
SOME 32 first-time Bahamian home buyers have collectively lost almost $81,000 because there is nothing in statute law to allow the refund of Stamp Duty mistakenly paid on their real estate purchases, it was revealed yesterday.
The House of Assembly's Public Accounts Committee, in its interim report tabled yesterday, urged that this legislative deficiency...
Carey lashes out over stamp tax
January 23, 2012
Carey lashes out over stamp tax
Faced with a major drop off in sales, a leading realtor is speaking out against an increasingly oppressive stamp tax that's driving away home buyers.
"The real estate sector gets no respect," said Mario Carey, the president and CEO of Mario Carey Realty. "Whenever the government talks about economic forecasts and the pillars of the economy, rarely is the real estate sector mentioned. I...
January 17, 2012
Canada releases Queen Elizabeth II Diamond Jubilee stamp
Canada Post: Royal successions are grounded in tragedy. At just 25, Princess
Elizabeth lost her father, King George VI, and became Queen (of the
Empire), the Head of State of the United Kingdom and all other
Commonwealth realms, including Canada, all on a single day---February 6,
1952.
Married fewer than five years to her husband, The Duke of Edinburgh, a
navy man stationed in Malta, El...
January 18, 2012
Canada Releases Queen Elizabeth II Diamond Jubilee Stamp
Canada Post: Royal successions are grounded in tragedy. At just 25, Princess Elizabeth lost her father, King George VI, and became Queen (of the Empire), the Head of State of the United Kingdom and all other
Commonwealth realms, including Canada, all on a single day---February 6, 1952.
January 03, 2012
Post Office Releases New Stamps That Depicts Bahamas Marine Life
Nassau, Bahamas - The Bahamas Postal Service released a new Definitive Stamp series today (Jan. 3, 2012) that depicts the marine life of The Bahamas in a 16 stamp series.
January 04, 2012
Post Office Releases New Stamps Depicting Bahamian Marine Life
NASSAU, Bahamas - The Bahamas Postal Service released a new definitive stamp series Tuesday (Jan. 3, 2012) that depicts the marine life of The Bahamas in a 16 stamp series.?
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