On 23 July 2014, the government of the Bahamas released a revised rules for value added tax (VAT), which will be implemented in the country from 1 January 2015. VAT will apply to the supply of most goods and services in the country, including imports.  Goods exported are generally exempted or zero-rated. The key revisions include: VAT Rate and Registration The VAT rate is set at 7.5% as in the 2014/2015 budget, instead of the 15% rate originally proposed The pricing of goods and service must be VAT inclusive The VAT registration threshold is uniformly set at BSD 100,000 - originally,...