Spotlight News

Global Standard for Automatic Exchange of Information

The OECD today released the full version of a new global standard for the exchange of information between jurisdictions; this it said in a media release, is “an important step towards greater transparency and putting an end to banking secrecy in tax matters.”

The [Standard for…

IMF Staff Visit to the Bahamas

An International Monetary Fund (IMF) team, headed by Mbuyamu Matungulu, visited The Bahamas during July 14-18 as part of the regular consultation process with member countries on their economies. The team met with senior government officials and…

2014 update to the OECD Model Tax Convention

The OECD Council has approved the contents of the 2014 Update to the OECD Model Tax Convention. The Update, which was previously approved by the Committee on Fiscal Affairs on 26 June, will be incorporated in a revised version…

Happy Independence Day, Bahamas!

Message From The Prime Minister

The Rt. Hon. Perry G. Christie, Prime Minister of The Bahamas

It is with great pride and honour that I congratulate Bahamian people everywhere on the occasion of the country’s 41st Independence Anniversary (July 10).

As we celebrate this milestone in…

Growth in Securities and Investment Funds Sectors

The investment funds industry experienced significant growth in the number of licensed and registered funds operating in or from The Bahamas in 2013. There was a 15.5 percent increase, from 652 at the end of 2012 to 753 at 31 December 2013. The number of registered firms under the SIA increased by…

Cameroon signs the Convention on Mutual Administrative Assistance in Tax Matters

Cameroon has become the 65th signatory of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters, the most powerful international instrument to fight…