Tax Advisory Services

Practical tax advice aligned with your commercial objectives

The Bahamian tax environment is evolving rapidly. New legislation, changing administrative practices and increasingly complex transactions require advice that is legally sound, commercially practical and tailored to the client’s circumstances.

GrahamThompson’s Tax Group advises businesses, financial institutions, investors, property owners and private clients on the tax implications of their operations, transactions and investments in The Bahamas. We also help international businesses understand and manage the Bahamian tax, regulatory and reputational risks associated with operating or investing in the jurisdiction.

Our multidisciplinary approach draws on the firm’s extensive experience in corporate and financial services, property, private wealth, regulatory matters and dispute resolution. By becoming involved early—when a transaction is being structured, a commercial decision is being considered or a potential exposure is first identified—we help clients address uncertainty before positions become difficult or costly to change.

Our Tax Group advises on:

• Value Added Tax, including supplies, input tax credits, exemptions and zero-rating.
• Business Licence requirements and the tax consequences of business structures and operations.
• Real Property Tax, Stamp Duty and other transaction-related taxes.
• The new Domestic Minimum Top-Up Tax (“DMTT”).
• Tax-efficient structuring of acquisitions, disposals, financings, reorganisations and investments.
• The establishment, restructuring and operation of Bahamian businesses, including International Business Companies (“IBC”).
• Cross-border transactions and the interaction between Bahamian and foreign tax considerations.
• Economic substance, international tax transparency and related reporting obligations.
• Tax provisions in commercial agreements and transaction documents.
• Corrective filings and the management of identified tax exposures.
• The interpretation and application of new, unclear or uncertain tax legislation.

We focus on workable solutions. We identify the material risks, explain the available options clearly and help clients adopt positions that are commercially effective, capable of implementation and supportable under the law.

Where a matter crosses several areas of law, our Tax Group works with colleagues across the firm to address its full legal and commercial context—not simply its tax consequences.

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