OrbitaxBahamas Amending Implementation of Common Reporting Standards to Avoid Listing as Non-Cooperative by the EU
|Proposed Changes|Bahamas
The Government of the Bahamas has issued a release announcing the introduction of the Automatic Exchange of Financial Account Information (Amendment) Bill, 2025 by Prime Minister Philip Davis, to align the Bahamas with the OECD Common Reporting Standard (CRS). The bill strengthens transparency and anti-tax evasion efforts by refining definitions, expanding anti-avoidance measures, and reinforc…
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