Before he bought the Abaco Club in 2014, David Southworth requested (this is all in the Higgs & Johnson affidavit, which is part of public record) the following from the Bahamian Government. Residents don’t at present know how much of this ended up in the Heads of Agreement, but hopefully we will soon. We have requested this information, but have not received it.
What the Developer has asked for: Exemption from customs duty on all materials, equipment, etc. Exemption from stamp duties and excise taxes for all materials, equipment, etc. Exemption from property taxes for 30 years. Exemption from taxation of any earnings, including rentals etc., for 20 years. Waiver of customs duty and stamp tax on any vehicles, including golf carts. Waiver of customs duty on livestock. Waiver of taxes on fuel. Whatever Crown Grants they might need, plus dredging permits, plus permits to mine sand from Little Harbour to put on the golf course and Winding Bay beach. Also landing fee concessions at the airport 27 long-term work permits and residency cards.
We’re not saying they got all this – but who knows? But you can be sure they got a lot of it. And it adds up to a whole lot of money that is staying in the Developer’s pocket when it should be going into the Public Treasury. It makes you wonder, what exactly is the advantage of having them on Abaco for the Bahamas. All the advantages they have mentioned seem to have been covered in the points above. The BS Government is pushing this through aggressively, why? Who is making the money? because is isn’t the Bahamian People.
Before he bought the Abaco Club in 2014, David Southworth requested (this is all in the Higgs & Johnson affidavit, which is part of public record) the following from the Bahamian Government. Residents don’t at present know how much of this ended up in the Heads of Agreement, but hopefully we will soon. We have requested this information, but have not received it. What they have asked for: Exemption from customs duty on all materials, equipment, etc. Exemption from stamp duties and excise taxes for all materials, equipment, etc. Exemption from property taxes for 30 years. Exemption from taxation of any earnings, including rentals etc., for 20 years. Waiver of customs duty and stamp tax on any vehicles, including golf carts. Waiver of customs duty on livestock. Waiver of taxes on fuel. Whatever Crown Grants they might need, plus dredging permits, plus permits to mine sand from Little Harbour to put on the golf course and Winding Bay beach. Also landing fee concessions at the airport 27 long-term work permits and residency cards.
We’re not saying they got all this – but who knows? But you can be sure they got a lot of it. And it adds up to a whole lot of money that is staying in the Developer’s pocket when it should be going into the Public Treasury. It makes you wonder, what exactly is the advantage of having them on Abaco for the Bahamas. All the advantages they have mentioned seem to have been covered in the points above. The BS Government is pushing this through aggressively, why? Who is making the money? because is isn’t the Bahamian People.
Likeitis says...
Before he bought the Abaco Club in 2014, David Southworth requested (this is all in the Higgs & Johnson affidavit, which is part of public record) the following from the Bahamian Government. Residents don’t at present know how much of this ended up in the Heads of Agreement, but hopefully we will soon. We have requested this information, but have not received it.
What the Developer has asked for: Exemption from customs duty on all materials, equipment, etc. Exemption from stamp duties and excise taxes for all materials, equipment, etc. Exemption from property taxes for 30 years. Exemption from taxation of any earnings, including rentals etc., for 20 years. Waiver of customs duty and stamp tax on any vehicles, including golf carts. Waiver of customs duty on livestock. Waiver of taxes on fuel. Whatever Crown Grants they might need, plus dredging permits, plus permits to mine sand from Little Harbour to put on the golf course and Winding Bay beach. Also landing fee concessions at the airport 27 long-term work permits and residency cards.
We’re not saying they got all this – but who knows? But you can be sure they got a lot of it. And it adds up to a whole lot of money that is staying in the Developer’s pocket when it should be going into the Public Treasury. It makes you wonder, what exactly is the advantage of having them on Abaco for the Bahamas. All the advantages they have mentioned seem to have been covered in the points above. The BS Government is pushing this through aggressively, why? Who is making the money? because is isn’t the Bahamian People.
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On Abaco Club opponents claiming ‘slight victory’
Posted 31 January 2017, 1:41 p.m. Suggest removal
Likeitis says...
Before he bought the Abaco Club in 2014, David Southworth requested (this is all in the Higgs & Johnson affidavit, which is part of public record) the following from the Bahamian Government. Residents don’t at present know how much of this ended up in the Heads of Agreement, but hopefully we will soon. We have requested this information, but have not received it.
What they have asked for: Exemption from customs duty on all materials, equipment, etc. Exemption from stamp duties and excise taxes for all materials, equipment, etc. Exemption from property taxes for 30 years. Exemption from taxation of any earnings, including rentals etc., for 20 years. Waiver of customs duty and stamp tax on any vehicles, including golf carts. Waiver of customs duty on livestock. Waiver of taxes on fuel. Whatever Crown Grants they might need, plus dredging permits, plus permits to mine sand from Little Harbour to put on the golf course and Winding Bay beach. Also landing fee concessions at the airport 27 long-term work permits and residency cards.
We’re not saying they got all this – but who knows? But you can be sure they got a lot of it. And it adds up to a whole lot of money that is staying in the Developer’s pocket when it should be going into the Public Treasury. It makes you wonder, what exactly is the advantage of having them on Abaco for the Bahamas. All the advantages they have mentioned seem to have been covered in the points above. The BS Government is pushing this through aggressively, why? Who is making the money? because is isn’t the Bahamian People.
Upvote0
On Developers forcing taxpayers ‘to foot’ Judicial Review bill
Posted 31 January 2017, 1:40 p.m. Suggest removal