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No VAT on Baha Mar completion By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net THE Government was yesterday urged to divulge “the full cost to the Bahamian people” of its Baha Mar agreement after evidence emerged to show it had extended an exemption from Value-Added Tax to all companies and suppliers working on the construction completion of the resort. The tax break - revealed
in an email from the project’s general contractor - could mean the Government forgoing up to $60m in revenue, according to one educated estimate, and is likely to provoke outrage among Bahamians, upset that exemptions are being granted to the Chinese when the same are not being made available to local businesses and consumers. The email, from China Construction America (CCA) headlined ‘Exemp-
tion of VAT’ and issued yesterday morning, said all companies working on the completion of the stalled Cable Beach development had been granted “a full” waiver from payment of the 7.5 per cent levy. Sent by Siyao Shen, of CCA (Bahamas) commercial department, it read: “It’s agreed with the Government that the subcontractors and suppliers of CCA Bahamas (CCA) shall be entitled to have the benefit of a full ex-
emption from the payment of Value-Added Tax for works carried out on the Baha Mar project.” Having effectively confirmed that the VAT waiver covers all Baha Mar-related construction activity, and includes all its sub-contractors and suppliers - Bahamian and foreign - the CCA e-mail suggests that they can also recover the taxes paid on bills submitted by their own service providers and suppliers. It also suggests
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Volume: 113 No.31 JANUARY 5, 2017
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By AVA TURNQUEST Tribune Chief Reporter aturnquest@tribunemedia.net
that all sub-contractors, suppliers and service providers working on Baha Mar will receive “zero-rated” treatment on all their costs and invoices. However, a Government source familiar with the Baha Mar agreement said it was “not unusual” for sub-contractors working on major foreign direct investment projects to enjoy the same tax incentives as the main contractor. FULL STORY, SEE BUSINESS
TEENAGER KILLED IN DRIVE-BY SHOOTING A TEENAGER died and another man was wounded after what is believed to be a drive-by shooting at Cordia Street, Foxdale subdivision, near Sandilands Primary School last night. According to police reports, two men were shot and transported to hospital where one succumbed to his injuries. The other is listed in serious condition but his injuries are not believed to be life threatening. The incident took place sometime after 8pm. Distraught family members SEE PAGE SIX
OFFERING reprieve from what he termed one of the worst years in Bahamian history and an impotent PLP administration, Free National Movement Leader Dr Hubert Minnis yesterday outlined key initiatives his administration would implement to create a socio-economic revival. In a national address aired on Our TV, Dr Minnis outlined a national solarisation programme that would see tax incentives for Bahamian companies providing services for alternative renewable energy sources, including LNG; and a Catastrophic National Health Insurance Plan that will cover chronic heart diseases, cancer and organ transplants. SEE PAGE 11
BUTLER-TURNER ‘FORMING BOLD COALITION’ WITH THE DNA By SANCHESKA DORSETT Tribune Staff Reporter sdorsett@tribunemedia.net LONG Island MP Loretta Butler-Turner said yesterday that she is forming a “very powerful and bold” coalition with Branville McCartney and the Democratic National Alliance that will “change the direction of the country.” In an interview on Hot 91.7 FM’s “Morning Madhouse” with host “C-Note”, Mrs Butler-Turner said the details of the “interesting” coalition will be announced “very soon”. SEE PAGE FIVE
A TEENAGER was killed and another man injured last night. According to neighbours, Jarvis Roker, a resident of the area, never caused any trouble. Looking on at the scene is his brother who stood in disbelief as police continued to search the area for evidence. Photo: Terrel W. Carey/Tribune Staff
DNA VOWS TO ‘COMPEL’ COMMISSIONER TO ALLOW PEOPLE TO REGISTER FOR VOTE DOUBLE THE BACON DOUBLE THE CHEESE
By KHRISNA VIRGIL Deputy Chief Reporter kvirgil@tribunemedia.net AS frustrated Bahamians continue to lament being turned away from voter registration stations, Democratic National Alliance Deputy Leader Chris Mortimer yesterday threatened to take action that will “compel” Parliamentary Commissioner Sherlyn Hall to ensure everyone is al-
lowed their right to register. He said although the party hasn’t defined what this action will be, it could involve a demonstration at the Parliamentary Registration Department on Farrington Road or a decision to take legal action against Mr Hall and his department for infringing upon the rights of Bahamians to register to vote. This comes as reports reached The Tribune yes-
terday that a student from Abaco, who was headed back to college overseas, was not allowed to register to vote at a registration station in the Mall at Marathon on Tuesday night. According to a relative of the student who did not want to be named, the woman tried to register in Abaco while there for a tenday holiday from school,
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FITZGERALD BLAMES SCHOOLS FOR SUPPLY TEACHER PAYMENT DELAY
By AVA TURNQUEST Tribune Chief Reporter aturnquest@tribunemedia.net THE Ministry of Education has implemented a strict timeline for the submission and processing of payments for supply teachers after irregularities led to scores of teachers going unpaid for months, according to Education Minister Jerome Fitzgerald. Mr Fitzgerald spoke to the pay dispute, first reported by The Tribune last week, during a press conference at the Ministry of Education yesterday. SEE PAGE TEN