National
Public Reacts to Inland Revenue Crack Down
NASSAU, BAHAMAS – Officials from the Department of Inland Revenue are issuing a flyer to the public Thursday revealing that come next month, the department will begin to enforce its right to the power of sale.
NASSAU, BAHAMAS – Officials from the Department of Inland Revenue are issuing a flyer to the public Thursday revealing that come next month, the department will begin to enforce its right to the power of sale.
The Department of Inland Revenue targeting “the most egregious offenders” when it comes to unpaid real property tax. This means that if your real property tax has not been paid within the last seven months the department has the power to sell your property as indicated by section 25A of the Real Property Tax Act.
Heleen McPhee says while she understands laws must be enforced, she is still concerned for those without a stable income.
Bennett Minnis says he outright disagrees with the latest notice while Zendelle McKinney says he hasn’t given it much thought.
The power of sale notice also notes that “this applies to all real property tax including commercial, residential and foreign owned vacant land with the exception of Bahamian owner-occupied property.”
An exemption Andrew Adderley says is being overlooked.
These residents say they believe those with delinquent payments should be given more grace time beyond the seven months.
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