BAHAMAS Law and Practice Contributed by: Sean Moree KC, Vanessa Smith and Erin Hill, McKinney, Bancroft & Hughes
9.2 Same-Sex Marriage The Bahamas does not recognise same-sex marriag - es or domestic partnerships. Same-sex couples can use the many estate planning structures available in The Bahamas, such as trusts, foundations or a will, to protect themselves and their wealth.
10.2 Common Charitable Structures The most commonly used structure for charitable planning is a non-profit organisation (NPO). NPOs have the benefit of certain deductions on excise tax for items imported into The Bahamas, and may be entitled to claim input tax deductions in connection with VAT paid on utility and maintenance payments.
10. Charitable Planning 10.1 Charitable Giving
There is no income tax in The Bahamas. However, in certain circumstances, the transfer of real property to a foundation or charity will not attract VAT.
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