Search results for : Deloitte Touch
FATCA Talks To Begin Early 2013
December 11, 2012
FATCA Talks To Begin Early 2013
A top accountant believes that active negotiations will begin early next year for The Bahamas to be compliant under the Foreign Account Tax Compliance Act (FATCA) once the framework is in place by industry stakeholders.
"My hope is that very early in the New Year we will put all of the work together to reach a consensus opinion on where we ought to go and then the government can start actively ne...
FATCA To Cost Industry 'Tens Of Millions'
November 06, 2012
FATCA To Cost Industry 'Tens Of Millions'
The financial services industry could be shelling out millions of dollars in the coming years, as The Bahamas prepares to comply with the Foreign Account Tax Compliance Act (FATCA).
BFSB Reveals Student Of The Year Nominees
October 29, 2012
BFSB Reveals Student Of The Year Nominees
The Bahamas Financial Services Board (BFSB) has released the names of the four finalists for this year's Student of the Year.
Need For Tax Reform 'Universal'
October 11, 2012
Need For Tax Reform 'Universal'
A chief organizer behind the upcoming National Symposium on Tax Reform says there is "universal' understanding that something must be done to change the country's revenue base.
Winder: All Revenue Options On The Table
August 30, 2012
Winder: All Revenue Options On The Table
The chief negotiator for The Bahamas to the World Trade Organization (WTO) says there are "fundamental requirements" for change in how the country generates revenue and attracts investment.
March 29, 2012
Stronger BFSB is needed for 'cutting edge' finance sector
By NEIL HARTNELL
Tribune Business Editor
THE Bahamas should seek to improve its ranking as an international financial centre by "strengthening" the private sector and giving it the tools to keep this nation "at the cutting edge", a leading accountant said yesterday, rather than expand the size of government through a Ministry of Financial Services.
Raymond Winder, managing partner at Deloitte &...
'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015
March 08, 2012
'PRIORITISE' TAX EXTENSION FOR FREEPORT IN 2015
By NEIL HARTNELL
Tribune Business Editor
THE GRAND BAHAMA Chamber of Commerce's president has urged the next government to treat the extension of key Freeport tax incentives, due to expire in 2015, as "a priority" and to end the uncertainty that could stifle much-needed foreign and Bahamian investment.
John Swain, who is also a Deloitte & Touche (Bahamas) accountant and partner, said the impend...
Web shop owner in 27m bank rescue
March 08, 2012
Web shop owner in 27m bank rescue
By NEIL HARTNELL
Tribune Business Editor
BAHAMAS-based web shop boss, Craig Flowers, along with BISX-listed Bank of the Bahamas International, were both separately approached to rescue a bust Turks & Caicos bank that required a $27 million injection to recapitalise it, Tribune Business can reveal.
The involvement of Mr Flowers, a well-known businessman and head of the FML Group of Companies, wa...
April 30, 2024
Appointment of Patrick J. McFall as VP Finance and Chief Financial Officer
University of The Bahamas (UB) announces the appointment of Mr. Patrick J. McFall as Vice President, Finance, and Chief Financial Officer (CFO) effective Wednesday 1st May, 2024. Mr. McFall has extensive experience in banking, management, accounting & finance, and entrepreneurship that spans more than three decades.
Cost concern over FATCA compliance
February 15, 2012
Cost concern over FATCA compliance
By NATARIO McKENZIE
Tribune Business Reporter
nmckenzie@tribunemedia.net
COMPLIANCE costs associated with the US Foreign Account Tax Compliance Act (FATCA) will be huge, especially for smaller financial institutions, with Bahamian providers yesterday said to be "a little behind" in terms of their readiness.
Lawrence Lewis, a partner at Deloitte & Touche (Bahamas), told Tribune Business: "In te...
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