Wednesday, July 24, 2019

Bahamas new tax regime for web shop revenue, punters’ winnings

By Steven Stradbrooke

Bahamas ‘web shop’ gambling operators caught a tax break from the government, while shop customers won’t be taxed on their online casino winnings.

On Monday, the Bahamian Senate approved amendments to the country’s Gaming House Operator Regulations, following similar approval in the House of Assembly late last week. The approval hopefully brings an end to over a year of squabbling between the government and its gambling operators over what level of taxation the sector can handle.  Read more >>