en | hu | ru | bg | ro | tr FacebookTwitterGoogle+LinkedInYouTubeInstagram
+ 357-24-636-919
+ 44-20-7556-0900

Sign up for a free consultation
Subscribe to our newsletter
Request a return call
Downloadable brochures
Request a brochure
5 Minutes Offshore
How to order a company from LAVECO Ltd
Latest news
Currency exchange rates: USD/1 unit
HUF 0.0039
GBP 1.383
CHF 1.0672
RUB 0.0172
HKD 0.1279
JPY 0.0092
CNY 0.1586
CAD 0.7931
AUD 0.7807
BRL 0.305
EUR 1.2273

Short news and ideas

Bahamas – introduction of VAT in 2014


VAT is to be introduced in the Bahamas from July 1st 2014, replacing the Hotel Occupancy Tax.
The basic rate for goods and services will be 15%, though hotel services, and food and beverages purchased on their premises will be subject to a rate of 10%, and there also will be certain exemptions such as duty-free food and agricultural products, health and education services, transfers of leases of land and residential buildings, financial services, and social and community services.
In accordance with the legislation, VAT filing and payment will be due each month.