NASSAU, Bahamas — The government has extended the deadline for the implementation of a five percent stamp tax for gaming patrons to September 1, said FML Group of Companies CEO Craig Flowers, who believes the tax will discourage many customers from gambling and thereby drive away much of the revenue the government is expecting from the measure.
In May, the government announced that gaming patrons will see a five percent stamp tax applied on deposits and any non-online games or digital sales.
It also announced and implemented a sliding scale tax for the industry.
Flowers said the patrons tax is a direct attack on the industry. https://thenassauguardian.com/2018/08/07/prison-escape-attempt-thwarted/
