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Comptroller Of Customs Addresses Impact Of Vehicle Duty Frees On Revenues

Many drivers are benefitting from duty free concessions on newly-purchased used vehicles and its costing the Customs Division just around two million dollars monthly. But Comptroller of Customs Raju Boddu says the losses are offset by the consumption tax even though empirical information is not yet available on the precise details. Boddu says the incentive is an example of government’s ...

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PARLIAMENT APPROVES A RESOLUTION AIMED AT ATTRACTING MORE INVESTMENTS OUT OF THE UNITED ARAB EMIRATES

Parliament has passed a resolution intended to increase the country’s attractiveness for investments to the United Arab Emirates. Prime Minister the Hon. Gaston Browne explained the main objective of the investment agreement, which was executed in October 2016. He further outlined some of the provisions of the contract. Prime Minister Browne says the agreement prohibits double taxation for the benefit ...

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THE FESTIVALS COMMISSION SENDS A SIX MEMBER TEAM TO GUADELOUPE TO MARKET ANTIGUA’S CARNIVAL

The Antigua and Barbuda Festivals Commission is sending a six-member delegation to the French overseas territory of Guadeloupe. The Commission is undertaking the venture in collaboration with the Antigua and Barbuda Tourism Authority. They will leave today and will be marketing the destination as the place to be for the Caribbean’s Greatest Summer Festival 2018. They will return on the ...

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The Lower House Of Parliament Passed An Historic Bill Approving Amendment To The Law To Decriminalize Up To 15 Grams Of Cannabis

The decriminalizing up to 15 grams of cannabis for personal use is now closer to being a reality. Parliament’s Lower House on Monday passed the Misuse of Drugs Amendment Bill 2018. Before it becomes law, the legislation requires the approval of the Parliament’s Upper House, the Senate and the Governor General’s assent. The bill was piloted by Prime Minister the ...

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