Location
Lucayan Indians inhabited the islands when Christopher COLUMBUS first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas has prospered through tourism, international banking, and investment management. Because of its location, the country is a major transshipment point for illegal drugs, particularly shipments to the US and Europe, and its territory is used for smuggling illegal migrants into the US.
The Bahamas is a parliamentary democracy under a constitutional monarchy.
Source: CIA World Factbook
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Resources
Displaying 31 - 35 of 86Real Property Tax (Amendment) Act, 2013 (No. 29 of 2013).
This Act amends the Real Property Tax Act by adding a new section 19A on the liability of a mortgagee in respect of commercial property: Where a tax or surcharge in respect of property used for commercial purposes, and mortgaged under a deed of mortgage executed before or after the coming into operation of this section, remains unpaid for a period in excess of ninety days the m01tgagee of the commercial property shall pay all taxes or surcharges owed in respect of the property.
Amends: Real Property Tax Act (Cap. 375). (2009)
Real Property Tax Act (Cap. 375).
This Act imposes a tax on real property and provides for assessments of property and other matters relating to assessment and collection of taxes. It also establishes the Real Property Tax Appeal Tribunal and provides for appeal against decisions of tax authorities. Property used for commercial farming shall be exempted from tax.
Real Property Tax (Prescribed Form) Regulations (Cap. 375).
These Regulations, made under section 4 of the Real Property Tax Act, prescribe the form of an application and declaration for relief to pay the actual tax under that Act.
Implements: Real Property Tax Act (Cap. 375). (2009)
Town Planning (Extension to Out Islands) Order (Cap. 255).
This Order specifies that all the provisions of the Town Planning Act, as amended, with the exception of section 7 thereof, shall apply to the Out Island districts and parts of districts which are specified in the Schedule to this Order. There shall be a local committee for each of the districts or parts of districts specified in the Schedule to this Order. The committees shall have and exercise powers and discharge the responsibilities of the Town Planning Committee constituted under section 4 of the Town Planning Act.
Implements: Town Planning Act (Cap. 255). (1995)
Probate Rules (Cap. 53).
These Rules, made under section 29 of the Supreme Court Act, provide with respect to Probate and more in general to the administration of estates. The Rules deal with, among other things: application for Probate or Letters of Administration, or for sealing a Probate or Letters of Administration or other testamentary paper granted out of the jurisdiction; procedures regarding testamentary papers; and bonds after application is granted.