The Bahamas yachting industry is facing regulatory challenges that are hindering the sector’s tax revenue growth potential. Marcel Amann, treasurer of the Bahamas Yacht Brokers Association (BYBA), in ...
# “The implementation of a 10 percent VAT on yacht charters in 2022, and a 4 percent Port fee that was already previously implemented, aimed to boost government revenue but has led to concerns over ...
The National Hurricane Center in Miami says Hurricane Oscar has formed off the coast of the Bahamas. Oscar, which the hurricane center characterized as “tiny,” formed Saturday. The ...