The government of the Bahamas seeks to allay fears surrounding One Tax Bahamas, stating that it is not a new tax. This project aims to simplify tax obligations by consolidating various services under a digital platform. Despite these assurances, the opposition is calling for a pause, raising concerns about public consultation, data protection, and business preparedness. The registration phase begins on September 1.
One Tax Bahamas: the government clarifies its initiative in response to concerns
This article was updated at 04:15.