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The Bahamas Issues Release on Enforcement of VAT on Digital Services Provided by Foreign Entities

|Approved Changes|Bahamas
Bahamas

The Bahamas Government issued a release on 27 October 2020 announcing the enforcement of the collection of VAT on digital services provided by foreign entities and consumed in the Bahamas.

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Government levels the playing field with digital media tax enforcement

For more than a year, the Government has been in the process of standardizing revenue collection from foreign entities providing services that are consumed in the Bahamas. The recent announcement regarding the collection and remi…

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