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Bahamas says it maintains its sovereign right to determine tax structure

Countries
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The Bahamas government says it is conducting an assessment of the impact of the proposals announced by the Group of Seven (G7) rich nations of a landmark deal that could help countries collect more taxes from big companies and enable governments to impose levies on United States tech giants such as Amazon.com Inc and Facebook.

In a statement, the Ministry of Finance said it was also examining the implications the proposals “may have for the domestic tax regime of The Bahamas”.
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