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 […]
Prime Minister Philip Davis’ Remarks at the Appointment of Chavano “Buddy” Hield as Ambassador at Large for Sports and Cultural Advancement
Today, we gather to honour a son of our soil, Chavano “Buddy” Hield, as we appoint him Ambassador at Large for Sports and Cultural Advancement. Buddy’s journey from the shores of Eight Mile Rock in Grand Bahama to the bright lights of the NBA is a testament to the spirit and resilience of the Bahamian […]
Prime Minister Davis’s Remarks at the Nassau Village Community Walk About
I begin by expressing profound gratitude. We are grateful to God, above all, for his abundant blessings. We are grateful for family and friends, for our freedom, our faith, and our fortitude. And we are grateful that we are citizens of the world’s most beautiful, most extraordinary nation. Not for a single moment in my life […]
Official Press Statement from Prime Minister Davis on The Passing of Andrea Sweeting
It is with a profound sense of loss and respect that Ann and I extend our deepest condolences to the family and friends of Andrea Sweeting, the President of the Sister Sister Breast Cancer Support Group, and a remarkable woman who was a symbol of hope and resilience for so many across the Bahamas. Andrea, […]