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Taxation in the Bahamas is collected by the Government of the Bahamas. The Bahamas are considered a tax haven given the lack of income tax, capital gains tax, inheritance tax or company tax. [1] Government tax revenue is instead derived from consumption, property and import taxes as well as licence fees. [2]
The Bahamas Institute of Chartered Accountants (BICA) is a professional body that regulates the accountancy industry in the Bahamas. [1] In theory anyone approved by the relevant government ministry can act as an independent auditor, but in practice, all auditors are members of BICA.
The Bahamas. The Bahamas is a former British colony that gained independence in 1973. ... Instead, it derives its revenue from taxes such as import duties, value-added taxes and license fees. This ...
13 Bahamas. 14 Bangladesh. 15 Bahrain. 16 Barbados. 17 Belarus. ... a license, a concession, or registration on such a list or register is a prerequisite required by ...
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Gig Harbor business license fees are $40, Ruston is $40 and Puyallup is $0 to $500. Business license fees in Seattle range from $59 to $2,613. The business license fees are determined by a ...
The economy of the Bahamas is dependent upon tourism and offshore banking. The Bahamas is the richest country in the West Indies and is ranked 14th in North America for nominal GDP. [ 8 ] It is a stable, developing nation in the Lucayan Archipelago , with a population of 391,232 (2016).