First off, Old Fort Bay does not have a golf course. . . . .
Secondly for at least 30 years South Ocean has gone from one owner to the next, with each new owner predicting great things and with each new owner losing millions of dollars.
The only salvation for the place may be becoming part of Albany.
A stand alone hotel / resort has not worked in the past and will not work in the near future. Why would any guest want to stay as South Ocean and get bad service (and be trapped in the middle of nowhere) if they can stay on Cable Beach or Paradise Island and get the same bad service. At least on Cable Beach and Paradise Island there is something else to do
Another example of a Caribbean project not getting completed on time and inexperienced developers/owners pushing to open to soon . . . . and then stuff like this happens.
No with all the bad press it will cost them more than if they had waited to open later
So what if he is behind on his taxes. Most other Bahamians are late on theirs bills too. According to an article in this fine newspaper dated June 10, 2013
***“Of our roughly 65,000 to 70,000 residential customers, 90 per cent have arrears more than 90 days past due... The value of those arrears is in the neighbourhood of $26 million,” Mr Miller said.***
90% are past due! ! ! !.
No one pays their bills in this country. It's "unbahamian" to pay on time
There must be a lot of educating needed if we need to wait until 2020 as Mr. Dean suggests. It's obvious that no one wants the tax so the only alternative would be for the Government to fire 50%, or more, of its employees.
I do not understand ***"Sales tax does not capture services; it only captures good. If we are by and large a services economy, and your concern is that services have largely gone untaxed . . "*** I would think that you could make a law to add sales tax to anything that you want. This seems to be an inaccurate comment.
As far as VAT being self regulated, the reason is that a company pays VAT on purchases and Collects on sales. So if they want to get back what they paid in VAT they need to report what they collect. With sales tax everyone will simply sell things off the books and no taxes will be collected.
Cornel says...
First off, Old Fort Bay does not have a golf course. . . . .
Secondly for at least 30 years South Ocean has gone from one owner to the next, with each new owner predicting great things and with each new owner losing millions of dollars.
The only salvation for the place may be becoming part of Albany.
A stand alone hotel / resort has not worked in the past and will not work in the near future. Why would any guest want to stay as South Ocean and get bad service (and be trapped in the middle of nowhere) if they can stay on Cable Beach or Paradise Island and get the same bad service. At least on Cable Beach and Paradise Island there is something else to do
On Albany in JV bid to acquire South Ocean
Posted 25 February 2014, 7:51 a.m. Suggest removal
Cornel says...
What about the people in the Bahamas that have no where to sleep, nothing to eat?
On Rotaract reaches out to help Philippines
Posted 24 February 2014, 4:29 p.m. Suggest removal
Cornel says...
They must continue the fight! Keep visiting the homes. Sign up the masses.
AND, at 20 homes per day, they will be finished in 5-10 years
On Activists go on walkabout to drum up VAT opposition
Posted 24 February 2014, 4:27 p.m. Suggest removal
Cornel says...
Another example of a Caribbean project not getting completed on time and inexperienced developers/owners pushing to open to soon . . . . and then stuff like this happens.
No with all the bad press it will cost them more than if they had waited to open later
On Tourists take resort to task over 'nightmare trip'
Posted 24 February 2014, 4:23 p.m. Suggest removal
Cornel says...
I thought that Churches took care of the needy? . . . .
Oh, I forgot, the Pastor has too many personal expenses to take care of. Can't afford charity
On Bishop calls for financial aid for citizens hit hard by insurance company collapse
Posted 24 February 2014, 4:21 p.m. Suggest removal
Cornel says...
Is this an article or an advertisement ?
On Resort targets local market
Posted 24 February 2014, 12:41 p.m. Suggest removal
Cornel says...
So what if he is behind on his taxes. Most other Bahamians are late on theirs bills too. According to an article in this fine newspaper dated June 10, 2013
***“Of our roughly 65,000 to 70,000 residential customers, 90 per cent have arrears more than 90 days past due... The value of those arrears is in the neighbourhood of $26 million,” Mr Miller said.***
90% are past due! ! ! !.
No one pays their bills in this country. It's "unbahamian" to pay on time
On 'How can tax ducker lecture Bahamas on VAT?'
Posted 24 February 2014, 12:39 p.m. Suggest removal
Cornel says...
There must be a lot of educating needed if we need to wait until 2020 as Mr. Dean suggests. It's obvious that no one wants the tax so the only alternative would be for the Government to fire 50%, or more, of its employees.
On Your views on VAT
Posted 20 February 2014, 3:56 p.m. Suggest removal
Cornel says...
The Tribune should add a new section to the paper for articles like this. Call it the IDIOT section. It could be good for a laugh now and then
On Christian leader urges income tax
Posted 20 February 2014, 3:47 p.m. Suggest removal
Cornel says...
I do not understand ***"Sales tax does not capture services; it only captures good. If we are by and large a services economy, and your concern is that services have largely gone untaxed . . "*** I would think that you could make a law to add sales tax to anything that you want. This seems to be an inaccurate comment.
As far as VAT being self regulated, the reason is that a company pays VAT on purchases and Collects on sales. So if they want to get back what they paid in VAT they need to report what they collect. With sales tax everyone will simply sell things off the books and no taxes will be collected.
On Payroll tax can generate $190m
Posted 30 January 2014, 2:43 p.m. Suggest removal