PoliticsNotableSingle-source
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Bahamas to scrap VAT on trust services to boost wealth hub status
The TribuneLO·BS·1 day ago
IATA's Colombia country manager highlights that air transport is the only public transport service subject to 19% VAT, a policy point amid industry growth. The sector is projected to close 2026 with ~56 million passengers, underscoring its economic significance. The statement signals potential advocacy for tax reform but no policy change is confirmed.