The Tribune 242

3 weeks ago | tribune242.com | Neil Hartnell

By NEIL HARTNELLTribune Business [email protected] Opposition’s finance spokesman yesterday accused the Prime Minister of “deflection” after he failed to answer how much of the $120m Grand Lucayan sales proceeds have been paid to the Government.

3 weeks ago | tribune242.com | Neil Hartnell

By NEIL HARTNELL Tribune Business Editor [email protected] An Opposition MP yesterday asserted the Government is enacting “desperation” measures to crack down on tax avoidance said to be costing it $100m annually, warning: “One day the well will run dry.” Adrian White, the St Anne’s MP, and a real estate and commercial attorney by profession, told Tribune Business that the enhanced compliance and enforcement measures confirmed by the Prime Minister during his Budget opening address...

3 weeks ago | tribune242.com | Neil Hartnell

By NEIL HARTNELLTribune Business [email protected] Bahamas Public Services Union (BPSU) president yesterday said he was “blindsided” by the Prime Minister’s pledge of imminent civil service pay rises and a $112m jump in the Government’s wage bill.

3 weeks ago | tribune242.com | Neil Hartnell

By NEIL HARTNELLTribune Business [email protected] and other mortgage lenders will face "a bit of a dangerous scenario" if reforms rendering all real estate transactions as "void" until recorded are passed by Parliament.

3 weeks ago | tribune242.com | Neil Hartnell

By NEIL HARTNELLTribune Business [email protected] Government was yesterday urged to abandon the "cloak and dagger approach" sparking undue business alarm over reforms such as the VAT deduction restriction for "major" construction projects.