Bahamas The Bahamas is a nation consisting of 29 islands, 661 cays, and 2,387 islets (rocks). It is located in theÂ Atlantic OceanÂ byÂ CubaÂ andÂ HispaniolaÂ (Dominican RepublicÂ andÂ Haiti). Its total land sphere of operations is 13,939Â km2Â (5,382Â sqÂ mi), with an estimated population of 330,000. Its capital is Nassau, located on in the raw prudence Island in the center of the island group. The Bahamas has a tropical maritime climate, which makes for broadly year-round good weather for the country. The Bahamas achieved independence from heavy(p) Britain on July 10, 1973. The Government is led by the Prime go toÂ and at that place is an upper house, theÂ SenateÂ (a 16-member bodyÂ plantÂ by the governor ordinary upon the advice of the prime minister and the opposition attractor for five-year terms) and a trim back House of AssemblyÂ (40 set; membersÂ electedÂ by orchestrate popular vote to resolve five-year terms). The current Prime Ministe r is Hubert Ingraham and the governor planetary is Sir Arthur Foulkes. king Elizabeth II is also the noun phrase Head of State and is equal in the Bahamas by an appointedÂ Governor General. Presently in that location is no direct taxation, i.e. on capital gains, corporate earnings, private income, sales, heritage or dividends. though their now is a impression tax of 7% on goods significanceed for business use.
The absence of income, corporate, and inheritance taxes means thatÂ import duties be the main source of Bahamas authorities revenue. As a result, tariff rates are actually high; the Bahamas raises almost 65 percent of its revenues f! rom import tariffs. The general rate of profession charges on imports is 32 percent; though in that location are numerous exemptions. deep down the Bahamas there religion mainly consists of Baptist, Anglican, and papist Catholic. The remaining is a mixing of all the other religions. Within the Bahamas, they also contain social groups like the Afro-Bahamians and the Europeans. Afro-Bahamians or Bahamians ofÂ AfricanÂ descent are those whose bloodline lies within the...If you want to pick up a encompassing essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper