Press Statement from the Office of The Prime Minister on the Announcement of Qualified Domestic Minimum Top-Up Tax (QDMTT)
Today, the Prime Minister and Minister of Finance Hon. Philip Edward Davis KC, MP announced the introduction of the Qualified Domestic Minimum Top-Up Tax (QDMTT), a significant measure under the OECD’s Pillar Two tax framework aimed at ensuring multinational enterprises (MNEs) operating within The Bahamas pay their fair share of taxes. This initiative specifically targets […]
Prime Minister Davis’s Mid-Year 2023/2024 Budget Statement to Parliament
IntroductionMadam Speaker: It is always an honour to rise in this House as the representative of the exceptional people of Cat Island, San Salvador and Rum Cay. However, I am pleased to stand before you today, in my capacity as Minister of Finance, to present the Mid-Year Review of fiscal performance for the fiscal year […]
