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register or a list of a specified type of regulated entities or activities — contains entries on companies officially authorized to perform a specified type of business, where prior obtaining of a permit, a license, a concession, or registration on such a list or register is a prerequisite required by law. Depending on situation, regulation ...
Taxation in the Bahamas is collected by the Government of the Bahamas. The Bahamas are considered a tax haven given the lack of income tax, capital gains tax, inheritance tax or company tax. [1] Government tax revenue is instead derived from consumption, property and import taxes as well as licence fees. [2]
Local government in the Bahamas exists at two levels: 32 districts and 41 towns. The boundaries of districts are defined by the First Schedule of The Bahamas Local Government Act 1996 (as amended by law and declarations of the Minister responsible for Family Island Affairs), [1] [2] defined with reference to parliamentary constituency boundaries.
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In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and finance. [1] Tourism alone provides an estimated 45% of the gross domestic product (GDP) and employs about half the Bahamian workforce.
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Its executive director is Christina Rolle, who has served in this role since January 26, 2015. [3] [7] [5] [6] She was preceded by Hillary H. Deveaux, who served as interim executive director from September 11, 2013, until 2015.