Land in the Bahamas
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Bahamas National Trust [Ch.391 – 1
THE BAHAMAS NATIONAL TRUST [CH.391 – 1 THE BAHAMAS NATIONAL TRUST CHAPTER 391 THE BAHAMAS NATIONAL TRUST ARRANGEMENT OF SECTIONS SECTION 1. Short title. 2. Interpretation. 3. Incorporation of Bahamas National Trust. 4. General purposes of Bahamas National Trust. 5. Bahamas National Trust not to divide profits among its members. 6. Constitution of Bahamas National Trust. 7. Subscriptions. 8. As to liability of members. 9. General meetings. 10. Establishment of Council. 11. Supply of casual vacancies in council. 12. Powers and proceedings of council. 13. Secretary and registered office. 14. Certain property of Trust to be inalienable. 15. Power to raise money. 16. Power to obtain professional services. 17. Appointment of receiver. 18. Accounts. 19. Audit. 20. Application of revenue. 21. Capital. 22. Power to charge for admission to Trust property. 23. Arrangements with local authorities and others. 24. Bylaws. 25. Constabulary. 26. The seal. 27. Bylaws to be exhibited. 28. Saving of rights. 29. Copy of Act to be registered. 30. Costs of Act. FIRST SCHEDULE — Regulations Governing General Meetings. SECOND SCHEDULE — Authorised Investments. ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– [Original Service 2001] STATUTE LAW OF THE BAHAMAS THE BAHAMAS NATIONAL TRUST [CH.391 – 3 CHAPTER 391 THE BAHAMAS NATIONAL TRUST An Act to incorporate and confer powers upon The 21 of 1959 49 of 1961 Bahamas National Trust for Places of Historic Interest or E.L.A.O., 1974 Natural Beauty. 5 of 1987 [Commencement 13th July, 1959] 1. This Act may be cited as the Bahamas National Short title. Trust Act. 2. In this Act, unless the subject or context otherwise Interpretation. requires — “the Bahamas National Trust” means the Bahamas National Trust for Places of Historic Interest or Natural Beauty incorporated by this Act; “the Trust property” means the property held by the Bahamas National Trust for purposes of pre- servation; “the council” means the council of the Bahamas National Trust appointed by this Act. -
Relationship Between Tax and Price and Global Evidence
Relationship between tax and price and global evidence Introduction Taxes on tobacco products are often a significant component of the prices paid by consumers of these products, adding over and above the production and distribution costs and the profits made by those engaged in tobacco product manufacturing and distribution. The relationship between tax and price is complex. Even though tax increase is meant to raise the price of the product, it may not necessarily be fully passed into price increase due to interference by the industry driven by their profit motive. The industry is able to control the price to certain extent by maneuvering the producer price and also the trade margin through transfer pricing. This presentation is devoted to the structure of taxes on tobacco products, in particular of excise taxes. Outline Tax as a component of retail price Types of taxes—excise tax, import duty, VAT, other taxes Basic structures of tobacco excise taxes Types of tobacco excise systems Tax base under ad valorem excise tax system Comparison of ad valorem and specific excise regimes Uniform and tiered excise tax rates Tax as a component of retail price Domestic product Imported product VAT VAT Import duty Total tax Total tax Excise tax Excise tax Wholesale price Retail Retail price Retail & retail margin Wholesale Producer Producer & retail margin Industry profit Importer's profit price CIF value Cost of production Excise tax, import duty, VAT and other taxes as % of retail price of the most sold cigarettes brand, 2012 Total tax -
A Global Philanthropy Legal Environment Index
Rules to Give By A Global Philanthropy Legal Environment Index Initiated by Nexus; legal research conducted by McDermott Will & Emery LLP; analysis provided by Charities Aid Foundation, Nexus and McDermott Will & Emery LLP. Written by Elaine Quick Toni Ann Kruse Adam Pickering Contents Acknowledgments 4 About the Partners 5 Forewords 6 Rules to Give By Index Map 8 Executive Summary 10 Scope and Limitations of the Study 12 Scoring the Rules to Give By Index 14 Questions and Scoring 14 Exempt Countries 14 Analysis 15 Findings 17 Rules to Give By Index 17 Analyzing Index Scores 25 Income Level 26 Regional Breakdown 28 Non-Profit Organizations 30 Tax Exemption 30 Reporting Requirements 30 Impact of Legal Structure on Giving 33 Tax Incentives 34 Effectiveness of Tax Incentives for Individuals 38 Different Incentives for Corporations and Individuals 40 Estate Taxes and Incentives for Legacy Donations 41 Rules to Give By Index in Alphabetical Order 43 Rules to Give By Country Reports 51 Disclaimer 294 Rules to Give By: A Global Philanthropy Legal Environment Index 3 Nexus | McDermott Will & Emery | Charities Aid Foundation Acknowledgements Nexus would like to thank Alessandra Gregg, Clyde McConaghy, Elaine Quick, Yulya Spantchak, and Jonah Wittkamper. We are immensely grateful to McDermott Will & Emery LLP and the Charities Aid Foundation (“CAF”) for their dedication and the extensive resources they have committed to making this report possible. In particular we would like to thank Toni Ann Kruse, who led a team of over 70 attorneys at McDermott Will & Emery LLP in preparation of the Index to this report, and Adam Pickering at CAF, who led the analysis of the data compiled in the Index. -
Land in the Caribbean
Caribbean Land Policy Network LAND IN THE CARIBBEAN ISSUES OF POLICY, ADMINISTRATION AND MANAGEMENT IN THE ENGLISH- SPEAKING CARIBBEAN Edited by Dr. Allan N. Williams LAND IN THE CARIBBEAN PROCEEDINGS OF A WORKSHOP ON LAND POLICY, ADMINISTRATION AND MANAGEMENT IN THE ENGLISH-SPEAKING CARIBBEAN Edited by Allan Williams Email: [email protected] Special thanks to Jane Dennis for the final editing of this manuscript. All views, interpretations, recommendations, and conclusions expressed in this book are those of the authors and not necessarily those of the supporting or co-operating institutions. Verbatim copying of any part of this book is permitted, in any medium, provided that the copier gives a complete citation of the title, chapter, author and editor of the book, and provided that all copies made remain under these same terms and conditions which are conspicuously published on all copies. Hard copies of this book can be acquired from: Terra Institute 10900 Stanfield Road Blue Mounds, Wisconsin 53517 Email: [email protected] For further information about the Caribbean Land Policy Network, check the web site: www.terrainstitute.org or contact Caribbean Land Policy Network Steering Committee: Chairperson: Andrew Bishop, Commissioner of Land, Guyana (592) 227-2582 (ph) (592) 226-4052 (fx) [email protected] Secretary: Allan N. Williams (868) 624-2142 (ph) [email protected] Manuscript was prepared from digitised copy at the Land Tenure Center, University of Wisconsin-Madison, USA, for publication, October 2003. -
Credit Suisse First Boston Deutsche Bank the Date of This Offering Circular Is October 26, 2005
OFFERING CIRCULAR U.S.$200,000,000 Odebrecht Overseas Limited (Organized in the Commonwealth of The Bahamas) 9.625% Perpetual Notes Unconditionally Guaranteed by Construtora Norberto Odebrecht S.A. (Incorporated in the Federative Republic of Brazil) ______________ Odebrecht Overseas Limited, or OOL, is offering U.S.$200,000,000 aggregate principal amount of its 9.625 % perpetual notes. Interest on the notes will accrue at a rate of 9.625% per year. OOL will pay interest on the notes quarterly in arrears on March 22, June 22, September 22 and December 22 of each year, commencing on December 22, 2005. The notes will be unconditionally guaranteed by Construtora Norberto Odebrecht S.A., or CNO. OOL is an indirect wholly-owned subsidiary of CNO. The notes will be perpetual notes with no fixed final maturity date and will be repaid only in the event that OOL redeems the notes or upon acceleration due to an event of default, as described under “Description of the Notes.” The notes may, at the option of OOL, be redeemed, in whole but not in part, at 100% of their principal amount plus accrued interest and additional amounts, if any, on any interest payment date on or after September 22, 2010 or at any time upon the occurrence of specified events relating to Brazilian or Bahamian tax law, as set forth in this offering circular. The notes will be senior unsecured obligations of OOL ranking equal in right of payment with all of its other existing and future senior unsecured debt. The guarantee will be a senior unsecured obligation of CNO and subordinated to secured debt of CNO to the extent of such security. -
Tax Policy in the Bahamas
NEW DIRECTIONS IN BAHAMIAN ECONOMIC POLICY: SOME THOUGHTS ABOUT TAXATION Alvin Rabushka Senior Fellow Hoover Institution Stanford University (Economic Adviser, Securities Market Task Force) Speech Delivered to City Rotary Club Tuesday, May 13, 1997 Nassau, The Bahamas NEW DIRECTIONS IN BAHAMIAN ECONOMIC POLICY: SOME THOUGHTS ABOUT TAXATION Distinguished Rotarians and Invited Guests, It is said that "death and taxes are inevitable." The difference is that death occurs but once, while taxes are a daily affliction. Today, tomorrow, next week, and next month you will pay one or more of the following taxes: company fees and registration, motor vehicle tax, departure tax, import tax, stamp tax, export tax, property tax, payroll tax, and a raft of fees and charges. The import tax, which generates 63% of tax revenue and 57% of combined tax and non-tax revenue, is especially onerous. It shows up in the price of virtually everything you buy, whether directly in imported goods or indirectly in locally-produced goods that use imported materials (unless you live in Freeport). Make no mistake about it: The import tax is a massive sales tax that hits low-income Bahamians especially hard. If "death and taxes are inevitable," then new and higher taxes are equally inevitable. The coming years will see a higher ceiling on payroll taxes for the National Insurance Board, a new tax for a contributory unemployment insurance scheme, and yet another new tax for catastrophic health insurance. Despite what you may regard as heavy taxation in The Bahamas, by world standards your islands are both a "low tax" jurisdiction and a "tax haven." Bahamians pay about 20% percent of their national income to the government in one form or another, compared with much higher shares of 35-60% in the United States and Western Europe. -
Methods of Taxation in the Tax Havens. Examples of Taxation in the Bahamas, Bermuda and the Cayman Islands Enea Constantin
Annals of the „Constantin Brâncuşi” University of Târgu Jiu, Economy Series, Special Issue ECO-TREND 2015 – Performance, Competitiveness, Creativity METHODS OF TAXATION IN THE TAX HAVENS. EXAMPLES OF TAXATION IN THE BAHAMAS, BERMUDA AND THE CAYMAN ISLANDS ENEA CONSTANTIN, ASSOCIATE PROFESSOR, CONSTANTIN BRANCUSI UNIVERSITY OF TARGU JIU, ROMANIA, ENEA CONSTANTA, ASSOCIATE PROFESSOR, CONSTANTIN BRANCUSI UNIVERSITY OF TARGU JIU, ROMANIA, ROMANIA, [email protected] Abstract We should never trust appearances: "the drum, with all the noise it makes is not only filled with wind"[1]. This old oriental proverb perfectly illustrates our proposal regarding the "true false" tax havens. Only at the beginning of this century, learned before firms to exercise their activity in the national territory, returned to international trade. The continuous search for new outlets to escape the growing production, export them first and then they were implanted overseas sales platforms and then installing production. Zero Haven sites or havens with zero tax consisting essentially of small economies, the British colonies (Cayman Islands, British Virgin Islands), dependent territories of the Commonwealth (Bermuda) or territories became independent (Antigua, Bahamas 1963 or Vanuatu 1980). Our study will analyze tax havens most common: Bahamas, Bermuda or the Cayman Islands, where we find all models of reception that can be viewed in other areas zero-haven: International Business Companies (Antigua, the Virgin Islands, Nevis) exemption schemes to insurance companies or banks (Barbados, Vanuatu). The subject of tax evasion subject of much debate, targeting both the domestic economic space and the world. Unlike their concerns globally, domestic concerns to reduce tax evasion resumes, especially on taxation of small businesses, avoiding knowingly scope of tax havens. -
Capital Punishment Procedure [Ch.94 – 1
CAPITAL PUNISHMENT PROCEDURE [CH.94 – 1 CAPITAL PUNISHMENT PROCEDURE CHAPTER 94 CAPITAL PUNISHMENT PROCEDURE ARRANGEMENT OF SECTIONS SECTION 1. Short title and interpretation. 2. Form of sentence of death. 3. Judge to forward notes of evidence to Minister. 4. Governor-General to communicate to judge copy of any order made. 5. Death warrant. 6. Provost Marshal to carry out sentence. 7. Place of execution. 8. Persons present at execution. 9. Medical officer to certify. 10. Coroner to hold inquest. 11. Place of burial. 12. Immateriality of time and place of execution mentioned in judgment. 13. Saving as to non-compliance with directions. 14. Rules. 15. Sentence of death not to be passed on pregnant woman 16. In case of pardon for capital offence Governor-General may order penal servitude. 17. Forms may be varied. FIRST SCHEDULE — Form of Death Warrant. SECOND SCHEDULE — Certificate of Medical Officer. THIRD SCHEDULE —Warrant of Reprieve. ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– [Original Service 2001] STATUTE LAW OF THE BAHAMAS CAPITAL PUNISHMENT PROCEDURE [CH.94 – 3 CHAPTER 94 7 of 1926 7 of 1935 23 of 1959 CAPITAL PUNISHMENT PROCEDURE G.N. 172/1964 43 of 1964 An Act relating to capital punishment. S.I. 40/1969 E.L.A.O., 1974 [Commencement 22nd March, 1926] 1. (1) This Act may be cited as the Capital Short title and Punishment Procedure Act. interpretation. S.I. 40/1969; (2) In this Act “Minister” means the Minister for the E.L.A.O., 1974. time being designated under paragraph (2) of Article 90 of the Constitution. 2. Every sentence of death shall be to the effect Form of sentence only that the person condemned shall “suffer death in the of death. -
Marine Protected Areas Management Guidance Document
Bahamas Protected Photo by Shane Gross Marine Protected Area Management Guidance Document A Guide for Policy-Makers & Protected Area Managers SEATHEFUTURE September 2018 Prepared by the Bahamas National Trust Marine Protected Area Management Guidance Document | September 2018 A Companion Document to the Marine Protection Plan for expanding The Bahamas Marine Protected Areas Network to meet The Bahamas 2020 declaration (September 2018) Prepared by Global Parks & the Bahamas National Trust with support from The Nature Conservancy Bahamas Protected is a three-year initiative to effectively manage and expand the Bahamian marine protected areas (MPA) network. It aims to support the Government of The Bahamas in meeting its commitment to the Caribbean Challenge Initiative (CCI); a regional agenda where 11 Caribbean countries have committed to protect 20 percent of their marine and coastal habitat by 2020. CCI countries have also pledged to provide sustainable financing for effective management of MPAs. Bahamas Protected is a joint effort between The Nature Conservancy, the Bahamas National Trust, the Bahamas Reef Environment Educational Foundation and multiple national stakeholders, with major funding support from Oceans 5. For further information, please contact: Bahamas National Trust, P.O. Box N-4105, Nassau, N.P., The Bahamas. Phone: (242) 393-1317, Fax: (242) 393-4878, Email: [email protected] 1 Marine Protected Area Management Guidance Document | September 2018 Contents I. INTRODUCTION ............................................................................................................................... -
And Type the TITLE of YOUR WORK in All Caps
THE IMPACT OF TOURISM DEVELOPMENT ON HUMAN DEVELOPMENT: MIXED BLESSINGS OF A VITAL INDUSTRY by ALLISON M. MCDONALD (Under the Direction of Howard Wiarda) ABSTRACT Tourism development has been promoted as an engine of economic growth in the Caribbean region. Yet, in spite of the prosperity that the expansion of mass tourism has brought to many Caribbean countries, chronic poverty persists in other Caribbean communities. This thesis examines the impact that tourism development has had on human development in the Caribbean and maintains that local and national governments’ failure to plan adequately for the changes that occur in enclave tourism communities as a result of tourism development may have contributed to a decline in human development in some Caribbean countries. The paper theorizes that a development paradigm that uses tourism revenue to improve the lives of the most disadvantaged residents of enclave tourism communities may eventually reduce the inequalities in Caribbean tourism dependent countries. INDEX WORDS: Human development, tourism development, enclave tourism communities THE IMPACT OF TOURISM DEVELOPMENT ON HUMAN DEVELOPMENT: MIXED BLESSINGS OF A VITAL INDUSTRY by ALLISON M. MCDONALD A.B., Smith College, 2006 A Thesis Submitted to the Graduate Faculty of The University of Georgia in Partial Fulfillment of the Requirements for the Degree MASTER OF ARTS ATHENS, GEORGIA 2010 © 2010 Allison M. McDonald All Rights Reserved THE IMPACT OF TOURISM DEVELOPMENT ON HUMAN DEVELOPMENT: MIXED BLESSINGS OF A VITAL INDUSTRY by ALLISON M. MCDONALD Major Professor: Howard Wiarda Committee: Han Park Douglas Stinnett Electronic Version Approved: Maureen Grasso Dean of the Graduate School The University of Georgia August, 2010 ACKNOWLEDGEMENTS I would like to thank my major professor, Dr. -
Land in the Caribbean
Caribbean Land Policy Network LAND IN THE CARIBBEAN ISSUES OF POLICY, ADMINISTRATION AND MANAGEMENT IN THE ENGLISH- SPEAKING CARIBBEAN Edited by Dr. Allan N. Williams LAND IN THE CARIBBEAN PROCEEDINGS OF A WORKSHOP ON LAND POLICY, ADMINISTRATION AND MANAGEMENT IN THE ENGLISH-SPEAKING CARIBBEAN Edited by Allan Williams Email: [email protected] Special thanks to Jane Dennis for the final editing of this manuscript. All views, interpretations, recommendations, and conclusions expressed in this book are those of the authors and not necessarily those of the supporting or co-operating institutions. Verbatim copying of any part of this book is permitted, in any medium, provided that the copier gives a complete citation of the title, chapter, author and editor of the book, and provided that all copies made remain under these same terms and conditions which are conspicuously published on all copies. Hard copies of this book can be acquired from: Terra Institute 1406 Hwy. 18-151/E Mt. Horeb, Wisconsin 53572 Fax: (608) 437-8801 Email: Terra [email protected] For further information about the Caribbean Land Policy Network, check the web site: www.terrainstitute.org or contact Caribbean Land Policy Network Steering Committee: Chairperson: Andrew Bishop, Commissioner of Land, Guyana (592) 227-2582 (ph) (592) 226-4052 (fx) [email protected] Secretary: Allan N. Williams (868) 624-2142 (ph) [email protected] Manuscript was prepared from digitised copy at the Land Tenure Center, University of Wisconsin-Madison, USA, for publication, -
Loans & Secured Financing 2022
Loans & Secured Financing 2022 Loans & Secured Loans & Secured Financing 2022 Contributing editor Michael Chernick © Law Business Research 2021 Publisher Tom Barnes [email protected] Subscriptions Claire Bagnall Loans & Secured [email protected] Senior business development manager Adam Sargent Financing [email protected] Published by Law Business Research Ltd Meridian House, 34-35 Farringdon Street 2022 London, EC4A 4HL, UK The information provided in this publication Contributing editor is general and may not apply in a specific situation. Legal advice should always Michael Chernick be sought before taking any legal action based on the information provided. This Shearman & Sterling LLP information is not intended to create, nor does receipt of it constitute, a lawyer– client relationship. The publishers and authors accept no responsibility for any acts or omissions contained herein. The Lexology Getting The Deal Through is delighted to publish the seventh edition of Loans & Secured information provided was verified between Financing, which is available in print and online at www.lexology.com/gtdt. May and June 2021. Be advised that this is Lexology Getting The Deal Through provides international expert analysis in key areas of a developing area. law, practice and regulation for corporate counsel, cross-border legal practitioners, and company directors and officers. © Law Business Research Ltd 2021 Throughout this edition, and following the unique Lexology Getting The Deal Through format, No photocopying without a CLA licence. the same key questions are answered by leading practitioners in each of the jurisdictions featured. First published 2015 Our coverage this year includes new chapters on United States, Mexico, Bahamas and Cyprus.