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 Philip Davis Announces Key Amendments to the Bail Act

Today, Prime Minister Davis delivered a strong message regarding the government’s efforts to enhance public safety and uphold the rule of law. Announcing critical amendments to the Bail Act, Prime Minister Davis emphasized, “Bail is a constitutional right, but not a right to be abused. We are ensuring that the liberty accompanying the presumption of […]