Location
Lucayan Indians inhabited the islands when Christopher COLUMBUS first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas has prospered through tourism, international banking, and investment management. Because of its location, the country is a major transshipment point for illegal drugs, particularly shipments to the US and Europe, and its territory is used for smuggling illegal migrants into the US.
The Bahamas is a parliamentary democracy under a constitutional monarchy.
Source: CIA World Factbook
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Resources
Displaying 31 - 35 of 86Real Property Tax (Amendment) Act, 2013 (No. 29 of 2013).
This Act amends the Real Property Tax Act by adding a new section 19A on the liability of a mortgagee in respect of commercial property: Where a tax or surcharge in respect of property used for commercial purposes, and mortgaged under a deed of mortgage executed before or after the coming into operation of this section, remains unpaid for a period in excess of ninety days the m01tgagee of the commercial property shall pay all taxes or surcharges owed in respect of the property.
Amends: Real Property Tax Act (Cap. 375). (2009)
Real Property Tax (Forms and Notices) Regulations (Cap. 375).
These Regulations prescribe forms for purposes of the Real Property Tax Act. Forms of Notices are: Notice of assessment required under subsection (1) of section 7; Notice required to be published for the purposes of subsection (2) of section 7. The Regulations also prescribe: the form of the assessment lists referred to in subsection (1) of section 7 of the Act and return and the particulars to be contained in such return required under subsection (1) of section 10 of the Act.
Implements: Real Property Tax Act (Cap. 375). (2009)
Conveyances and Other Dispositions (Foreign Companies) Validation Act, 1966.
This Act makes provision with respect to validation of dispositions relating to land in The Bahamas made by or to a foreign company not registered under the Foreign Companies Act.
Registrar General Act (Cap. 186).
This Act makes provision for the appointment by the Governor-General of the Registrar General, the Deputy Registrar General and Assistant Registrars General and provides that Departments of the Registrar General and of the Registrar of Records shall be controlled and administered as one under the management of the Registrar General.
Real Property Tax (Prescribed Form) Regulations (Cap. 375).
These Regulations, made under section 4 of the Real Property Tax Act, prescribe the form of an application and declaration for relief to pay the actual tax under that Act.
Implements: Real Property Tax Act (Cap. 375). (2009)