Search results for : superwash
Energy Monopoly Claim Is 'HOGWASH'
November 08, 2011
Energy Monopoly Claim Is 'HOGWASH'
A LEADING businessman said yesterday that while net metering and net billing would be a good idea to facilitate renewable energy, power plants were still necessary during peak consumption hours.
"I think it would be good, it would provide another mechanism by which people can offset these substantial energy costs they have," Dionisio D'Aguilar, head of the Superwash laundromat chain and former...
Another public fight for the government
January 06, 2014
Another public fight for the government
At the beginning of 2013, the battle lines were well established. The numbers bosses, who were supported by the Progressive Liberal Party (PLP) administration, were on one side seeking the legalization of web shop gaming and a lottery. Their primary opponent was the church.
Both sides stated their cases in the public sphere. After the votes were tallied, the PLP and the numbers bosses lost.
Thi...
VAT decision 'more important battle' than election
January 03, 2014
VAT decision 'more important battle' than election
The decision about what form tax reform should take is more significant for the future of The Bahamas than the results of any general election, a top businessman has argued, as he urged businesses nationwide to act in their own best interest by contributing to a $180,000 fund estimated to be needed by the Coalition for Responsible Taxation to conduct its own "VAT alternatives" economic analysis an...
VAT commissioner's powers questioned
November 14, 2013
VAT commissioner's powers questioned
A prominent businessman has suggested that powers given to a value-added tax (VAT) commissioner under draft legislation are "setting a dangerous precedent" and may be unconstitutional...
New public holiday 'a burden'
October 15, 2013
New public holiday 'a burden'
Prominent figures in the business community say that adding another public holiday will only hurt the economy. In fact, one businessman described it as a "jook" in the heart of the business community and the economy.
On Friday, Governor General Sir Arthur Foulkes signed off on the Majority Rule Act, proclaiming January 10 a public holiday that will be recognized as Majority Rule Day. It's a deci...
'Revenue court' gets mixed reviews
September 30, 2013
'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
September 04, 2013
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
August 30, 2013
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...
August 26, 2013
Outdated laws have not kept pace with gaming technology
Changes in gaming laws in The Bahamas could help "smooth out some of the seasonality" associated with tourism in this country, allowing resorts and the government to draw in revenue to continue to support their operations during traditionally slow periods, according to Baha Mar's top legal counsel.
Outdated gaming laws in The Bahamas, which have not kept pace with a technological revolution in the...
August 16, 2013
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...
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