This past week, a bill to enact The Foreign Accounts Tax Compliance Act (FATCA) was passed in the Senate to ensure that The Bahamas continues to remain aligned with the most recent international financial standards. In an earlier debate within the House of Assembly Minister of Financial Services, Hon. Hope Strachan, voiced her expectation that […]
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FACTA COMPLIANCE FOR THE BAHAMAS
Nassau, Bahamas – The Government of the Bahamas through the Ministry of Finance announced today that it has moved to a new stage in the development and rollout of its Foreign Account Tax Compliance Act (FATCA) Model 1 Intergovernmental Agreement (IGA) to resolve any âœincon-weight of theto a stoneâobjective to assess the relationship betweencomponents (fiber,allows […]
