Bahamas Prime Minister Announces VAT Rate Reduction for Various Essential Items

Sept. 10, 2025, 5:00 AM UTC

The Bahamian Prime Minister Sept. 7 announced a reduction, to 5 percent from 10 percent, in the VAT rate for the essential items of medicines, medical supplies, feminine hygiene products, and baby and adult diapers, effective Sept. 1. [Bahamas, Office of the Prime Minister, 09/07/25]

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