Search results for : superwash
'Revenue court' gets mixed reviews
'Revenue court' gets mixed reviews
Business stakeholders are offering mixed assessments of the government's decision to create a "revenue court" which would deal with tax and other revenue-related infractions, with some suggesting that it's a step in the right direction and others indicating that the government should be focusing on educating businesses on their obligations under the new VAT regime...
Govt must not 'overburden' business
Govt must not 'overburden' business
The government must "get out of the way" of private business if there is to be any hope of stimulating additional employment in the economy, and should ensure that it is being as "strategic" as possible in its new taxation measures to avoid strangling private enterprise, a former minister has warned...
Govt called on to 'come clean' over tariff plans
Govt called on to 'come clean' over tariff plans
A leading businessman yesterday called for the government to "come clean" on what adjustments will or will not be made to import duties at the time when value-added tax (VAT) comes into effect, accusing the administration of being "dodgy and cagey" over the issue...
College of The Bahamas conference will see launch of tourism research unit
As The Bahamas tourism product continues to evolve, a more dynamic service culture will also be necessary, according to a top tourism executive at Atlantis who is slated to give a master class at an international conference in September...
Some business owners reject handgun appeal
Some business owners reject handgun appeal
Amid calls from the business community to amend the Firearms Act to make it easier for business owners to carry handguns, two prominent businessmen have said such a move could worsen the situation in the country.
Superwash President Dionisio D'Aguilar said his business has constantly been targeted by robbers...
Govt imposes higher taxes on banks
Govt imposes higher taxes on banks
Financial institutions in The Bahamas can expect more fees and higher taxes on their activities as government seeks to pull revenue from arguably the most profitable sector of the economy.
In yesterday's budget communication to the House of Assembly, Prime Minister Perry Christie said a new business license fee will be introduced for domestic banks at a rate of three percent of gross revenue. Me...
Stunned Reation To Immigration
Stunned Reation To Immigration
Stunned Bahamian businesses yesterday described the Immigration Department's "raid" at Atlantis as "simply reprehensible", warning that such actions were counterproductive to the government's key objectives of economic growth and job creation.
BCCEC Meets govt Over Work Permits
BCCEC Meets govt Over Work Permits
The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) will meet with the Ministry of Foreign Affairs today due to growing concerns over work permits. While details are sparse at this time, Guardian Business understands that top BCCEC executives specifically requested the audience.
D'Aguilar Blasts Tax Amnesty Program
D'Aguilar Blasts Tax Amnesty Program
A well-known businessman is blasting the government's amnesty program to boost property tax compliance, insisting that real consequences are the only way to fix the problem.
Dionisio D'Aguilar, the owner of Superwash, said that a similar program was attempted by past administrations.
VAT Sets Off Alarm At BHTA
VAT Sets Off Alarm At BHTA
The Bahamas Hotel and Tourism Association (BHTA) has expressed concern over the implementation of value-added tax (VAT), arguing it could create a burden on an industry already struggling to reach financial stability.