Legal Update: New Bahamas Legislation to Satisfy EU Substance Requirements
In 2017, the European Union Code of Conduct Group extended its work on tax matters from its Member States to assessing the tax regimes of a number of other jurisdictions. All of the leading global financial centres committed to eliminating certain domestic regimes and implementing other global standards by the end of 2018, and The Bahamas made commitments to address the following by way of legislation:
Graham Thompson provides a high-level summary of the new legislation [New Bahamas Legislation Update]:
Read it here New Bahamas Legislation Update or by clicking the PDF document icon at the top of this page.