Review Customs Duty
From "Suggestions to stimulate economic recovery for Bermudians once Shelter in Place ends"
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Is it not time to review our customs duty policy? Almost everything we consume in Bermuda has customs duty imposed upon it. Shipping costs, customs duty and profit margins above all of this make it very difficult to compete with outside overseas markets.
Perhaps a consumption based tax would make more sense?
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Posted by
Profile of Dominique SmithDominique Smith on April 20, 2020
Current status
proposed
Tags
Work, economy and tourism