On 25 May 2016, Bahamas Prime Minister Perry Christie presented the 2016/17 Budget to parliament. The Budget includes no major tax-related changes, although a number of adjustments are made. The main measures include a reduction in custom duties on certain goods, stamp tax reductions and exemptions for certain transactions/documentation, and adjustments to the value added tax (VAT) regime, including bringing forward the VAT payment due date from 28 days after the tax period to 21 days. Given …