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BREA Reacts To PM Claims On Under Reporting Sales and $100 Million Lost Revenue | The Bahama Journal - Jones Communications Network
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BREA Reacts To PM Claims On Under Reporting Sales and $100 Million Lost Revenue | The Bahama Journal - Jones Communications Network
BY ARIANNA NEELYJOURNAL STAFF WRITER Prime Minister Philip Davis, speaking at the House of Assembly in early June, addressed theongoing underperformance in the real estate sector regarding VAT collections. He noted thatdespite efforts such as amnesty programs and the modernization of systems, these measures havenot resolved the issue of underperformance.Davis said “From the public utterances of the real estate professionals, the Ministry of Fina…
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