Search results for : Accountants
Tax expert: Voluntary compliance will not last forever
In 2013, the United States' (U.S.) Internal Revenue Service (IRS) launched a voluntary reporting program -- the third of its kind -- aimed at encouraging U.S. citizens living abroad to come into compliance with the Foreign Account Tax Compliance Act (FATCA).
Minister: 'extensive foundation' to trade Chinese currency
The Bahamas' financial services sector still has extensive "foundational work" ahead of it before the country can serve as a regional trading hub for Chinese renminbi currency, according to Minister of Financial Services Hope Strachan.
Brathwaite, Rolle fail to qualify at 51st QubicaAMF Bowling World Cup
Both Bahamians at the 51st QubicaAMF Bowling World Cup, Ken Brathwaite and Driskell Rolle, failed to make the cut of the top 24, as the men and women's fields were narrowed down yesterday.
The winds of change, pt. 1
The winds of change, pt. 1
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
It's getting really stupid
It's getting really stupid
"If you must play, decide upon three things at the start: the rules of the game, the stakes and the quitting time."
- Chinese Proverb
Approach by govt on real property tax clampdown questioned
President of the Bahamas Real Estate Association (BREA) Carla Sweeting said the government's intent to clamp down on real property tax payments leaves more questions than it does answers.
PM makes hollow call for transparency
PM makes hollow call for transparency
Prime Minister Perry Christie should be ashamed to mention the word transparency near the end of a term in which he has presided over an administration that has re-introduced governance in the shadows and has resisted repeated calls that it act in a manner that is accountable and respectful of its citizenry.
This Week in The Bahamas - Commentary by Elcott Coleby Nov 14-18
During his address on Monday at the 2016 Bahamas Institute of Chartered Accountants (BICA) Accountants Week here in Nassau, Prime Minister the Rt. Hon. Perry G. Christie reiterated the role of accountants in safeguarding the country?s economy, but in the margins he gave reporters an update on the progress being made in Freeport pursuant to his government?s latest suite of initiatives designed to r...
Halkitis: Revamped mortgage relief plan expected to build momentum
Minister of State for Finance Michael Halkitis revealed details on the number of eligible borrowers for the Christie administration's revamped mortgage relief plan (MRP).
Govt collects $852M in VAT in 18 months
Govt collects $852M in VAT in 18 months
From January 2015 to June 2016, the government collected almost a billion dollars in value-added tax (VAT).