Govt. making significant progress on tax residency legislation


NASSAU, BAHAMAS — Substantive progress is being made on the tax residency certificate legislation, according to Elsworth Johnson, Minister of Financial Services, Trade & Industry and Immigration.

Johnson explained the concept of “tax residency” in The Bahamas has to be carefully defined if this nation is to remain progressive and ahead of the changing global dynamics in international financial services.

He provided the update during remarks at a financial services virtual symposium today.

Source: ENews
Date: May 21, 2020

Full Article: here

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