Bahamas Customs Service
Encyclopedia
Bahamas Customs Service (BCS) is the agency of the Bahamaian government responsible for collecting revenue
and taxes. It was established on March 21st, 1914 by an act of the Bahamian
Legislature
known as an Act to provide for the establishment of a Customs Department. About 55% to 60% of revenue collected in the Bahamas is collected by the agency. Its headquarters is located at Customs House on Thompson Boulevard in Nassau, the capital. BCS is housed under the portfolio of the Bahamas Finance ministry. The current Comptroller of Customs is Mr Glenn L. Gomez.
Revenue
In business, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. In many countries, such as the United Kingdom, revenue is referred to as turnover....
and taxes. It was established on March 21st, 1914 by an act of the Bahamian
The Bahamas
The Bahamas , officially the Commonwealth of the Bahamas, is a nation consisting of 29 islands, 661 cays, and 2,387 islets . It is located in the Atlantic Ocean north of Cuba and Hispaniola , northwest of the Turks and Caicos Islands, and southeast of the United States...
Legislature
Legislature
A legislature is a kind of deliberative assembly with the power to pass, amend, and repeal laws. The law created by a legislature is called legislation or statutory law. In addition to enacting laws, legislatures usually have exclusive authority to raise or lower taxes and adopt the budget and...
known as an Act to provide for the establishment of a Customs Department. About 55% to 60% of revenue collected in the Bahamas is collected by the agency. Its headquarters is located at Customs House on Thompson Boulevard in Nassau, the capital. BCS is housed under the portfolio of the Bahamas Finance ministry. The current Comptroller of Customs is Mr Glenn L. Gomez.
See also
- Internal Revenue ServiceInternal Revenue ServiceThe Internal Revenue Service is the revenue service of the United States federal government. The agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue...
- Canada Revenue AgencyCanada Revenue AgencyThe Canada Revenue Agency is a federal agency that administers tax laws for the Government of Canada and for most provinces and territories, international trade legislation, and various social and economic benefit and incentive programs delivered through the tax system...
- Australian Tax Office
- Her Majesty's Revenue and CustomsHer Majesty's Revenue and CustomsHer Majesty's Revenue and Customs is a non-ministerial department of the UK Government responsible for the collection of taxes and the payment of some forms of state support....
- State Administration of TaxationState Administration of TaxationThe State Administration of Taxation is a ministerial-level department within the government of the People's Republic of China...
- Indian Revenue ServiceIndian Revenue ServiceThe Indian Revenue Service , abbreviated as IRS, is the revenue service of the Government of India. It is a Central Civil Service...
- Uganda Revenue AuthorityUganda Revenue AuthorityThe Uganda Revenue Authority ' was set up by an Act of Parliament in 1991. The URA has head offices in Kampala and operates over a dozen main branch offices throughout the country...