Thursday, August 21, 2014
thebahamasweekly.com - Impact of VAT on Charities Clarified by Bahamas Ministry of Finance
thebahamasweekly.com - Impact of VAT on Charities Clarified by Bahamas Ministry of Finance: Representatives of the VAT team of the Ministry of Finance emphasized that services provided by local charities and non-governmental organizations (NGOs) that directly relate to charitable activities will be VAT exempt and the VAT programme provides for recouping of some taxes paid on goods for the use of such community services.
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