Published 2 years ago

Tax free budget for The Bahamas

Summary by Ground News

Prime Minister Phillip Davis presented his first fiscal package since his Progressive Liberal Party (PLP) was swept into power in September last year. Davis said the budget projects a significant rebound in the Bahamian economy. The increase is largely attributed to a rebound in economic activity, the economic stimulus associated with the reduction in VAT from 12% to 10%.

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Tax free budget for The Bahamas

NASSAU, Bahamas – Prime Minister Phillip Davis on Wednesday presented a multi-billion dollar tax free budget to Parliament as the country begins to rebound from the impact of the coronavirus (COVCID-19) pandemic and now having to grapple with “great challenges and opportunities”, occasioned by a changing global environment. Presenting his first fiscal package since his Progressive Liberal Party (PLP) was swept into power in September last year, …

2 years ago·Barbados

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Tax free budget for The Bahamas

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Tax free budget for The Bahamas

Tax free budget for The Bahamas

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