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Bahamas 2016/17 Budget Presented Including Minor Tax Changes

|Proposed Changes|Bahamas
Bahamas

On 25 May 2016, Bahamas Prime Minister Perry Christie presented the 2016/17 Budget to parliament. The Budget includes no major tax-related changes, although a number of adjustments are made. The main measures include a reduction in custom duties on certain goods, stamp tax reductions and exemptions for certain transactions/documentation, and adjustments to the value added tax (VAT) regime, incl…

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