Please be advised that the Competent Authority has today released a list of the exchange partners for The Bahamas with respect to the Automatic Exchange of Information/Common Reporting Standard. Provided … Read More
Tax Co-operation
Recommended that Bahamas Be Removed from EU List of Non-Cooperative Jurisdictions
Source: Ministry of Finance The European Union Code of Conduct Group has officially recommended the Bahamas’ removal from the list of non-cooperative jurisdictions for tax purposes. The Government received confirmation … Read More
CRS Implementation Handbook 2nd Edition Issued By OECD
On April 5th, 2018 The OECD released the second edition of the Common Reporting Standard Implementation Handbook. Financial Institutions are encouraged to consult the CRS Implementation Handbook and CRS-related FAQs, … Read More
The Bahamas’ Expects Removal from the EU List of Non-Cooperative Jurisdictions for Tax Purposes
IBFS 2018 A Great Success
This year the Bahamas Financial Services Board hosted its annual International Business and Finance Summit in conjunction with Bahamas Briefing on March 1st and March 2nd at the Baha Mar … Read More
Implementation of CRS – Guidance Notes, Legislative Amendments and Related Matters
BFSB wishes to provide the following update with respect to the implementation of the Common Reporting Standard and the automatic exchange of information. The Guidance Notes – Based on industry feedback … Read More
BEPS Update/International Tax Initiatives
The Bahamas government hosted an Industry Briefing Session on Base Erosion and Profit Shifting (BEPS) and other International Initiatives facing the financial services sector. Ms. Adrianna Knowles Rahming, Legal Officer, … Read More
Official CRS Regulations Gazetted
Please be advised that the CRS Regulations were formalized by the Minister of Finance on March 7th, 2017.
BFSB HOSTS SUCCESSFUL INTERNATIONAL BUSINESS AND FINANCE SUMMIT 2017
The Bahamas Financial Services Board (BFSB) hosted its 14th International Business & Finance Summit (IBFS) 2017 which took place at Lighthouse Pointe, Grand Lucayan Resort, Grand Bahama from January 26-28th, … Read More
Draft CRS Regulations (CONSULTATION)
Please be advised that the **draft Automatic Exchange of Financial Account Information Regulations, 2017** have been prepared and are below for your review and feedback by **Tuesday, January 31st, 2016**. … Read More