New Bahama VAT regulation changes inforce

New Bahama VAT regulation changes inforce

The Government of The Bahamas seeks universal compliance with the payment of Value Added Tax (VAT) by all entities doing business in The Bahamas, and as a result, all yachts conducting charter trips in Bahamian waters will be required to pay a VAT of 10% beginning 1 July 2022. 

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C. Burak KOREL By C. Burak KOREL