Bahamas Tax Agency Posts Value Added Tax (Amendment) Bill 2026

The Bahamian Department of Inland Revenue March 31 posted the Value Added Tax (Amendment) Bill, 2026. The bill includes measures to: 1) exempt VAT on wholesale and retail supplies and imports of specified unprepared food items by grocery stores, including various meats, dairy products, vegetables, fruits, spices, grains, and certain types of coffee and tea; and 2) apply a 5 percent reduced VAT rate to wholesale and retail supplies and imports of specified essential goods that are imported or purchased by consumers. The law would apply from April 1. [Bahamas, Department of Inland Revenue, 03/31/26]

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