Search results for : john s bain
Evolving Our Financial Services Sector
February 05, 2013
Evolving Our Financial Services Sector
Dear Editor,
Thank you for allowing space in your paper to express an opinion. It was noted with interest the call on the current minister for financial services for The Bahamas to do a better job in promoting our financial service products.
Report urged outsourcing of BSL trust
January 14, 2013
Report urged outsourcing of BSL trust
A forensic analysis of Bahamas Supermarkets Retirement Trust recommended that the fund should be outsourced to professional asset managers or pension professionals to remove "any apparent conflict of interest".
The 92-page document, composed in January 2011 following Trans Island Traders Limited's acquisition of Bahamas Supermarkets Limited (BSL) in December 2010, expressed concern over the compos...
Rolle urges legalization of numbers houses
December 19, 2012
Rolle urges legalization of numbers houses
A financial services executive is urging the government to create new sources of revenue or risk further downgrades to the economy.
"The Bahamian government has to find a way to really create more revenue and get our fiscal house in order, so we can try to maintain confidence in our ability to pay off debt. Because if we continue to be downgraded, potential creditors or investors won't see The Bah...
Butler Urges Collaboration In Airspace Talks
December 17, 2012
Butler Urges Collaboration In Airspace Talks
One local airline executive is applauding the government's efforts to gain control of the country's airspace. Captain Randy Butler, CEO of SkyBahamas Airlines, said that the timing is "appropriate" for negotiations on the matter to continue.
Bain Cautions Govt on New Taxation
December 05, 2012
Bain Cautions Govt on New Taxation
A top chartered accountant is warning the government not to introduce any new forms of taxation, as he estimates nearly 50 percent of the average Bahamian's income is already being taxed. Instead, John Bain, managing partner at UHY Bain & Associates...
Bahamas Warned Not to Increase Tax Burden
November 07, 2012
Bahamas Warned Not to Increase Tax Burden
The Bahamas was warned today to hold the line on indirect personal taxation as a just-released study of 26 countries revealed what its authors called "the yawning gap" between the ability of high- and low-tax economies to attract and retain talent and investment.
The study, conducted by UHY, the international accounting and consultancy network with affiliates in 81 countries, says the broadeni...
Bain warns Bahamas to hold line on tax
November 08, 2012
Bain warns Bahamas to hold line on tax
The Bahamas was warned today to hold the line on indirect personal taxation as a just-released study of 26 countries revealed what its authors called "the yawning gap" between the ability of high- and low-tax economies to attract and retain talent and investment.
The study, conducted by UHY, the international accounting and consultancy network with affiliates in 81 countries, says the broadening g...
Bahamas Warned Not To Increase Tax Burden
November 07, 2012
Bahamas Warned Not To Increase Tax Burden
International study reveals European economies piling on taxes, Eastern Europe, BRIC, Asia-Pacific becoming more tax-attractive.
JSB Associates Links With International Firm
November 02, 2012
JSB Associates Links With International Firm
UHY, an international network of independent accounting and consulting firms with offices in nearly 250 major business centres, has named Nassau-based JSB & Associates as its local affiliate, strengthening its presence in the region.
Expert to Lead Nassau Seminar Thursday
August 03, 2012
Expert to Lead Nassau Seminar Thursday
The statistics are alarming. Businesses, banks, insurance companies, telecoms, utilities, government departments and enterprises that handle funds or sell services are as vulnerable as retailers to fraud and theft, but suffer even more in accidental overpayments, together causing losses of up to 6% annually.
But until recently, uncovering that type of fraud among service providers was much ha...
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