Thanks Capt. It does not look like the rates have gone down since the implementation of the VAT, as the government suggested at the time they introduced the VAT.
What I don't understand is that the VAT is being collected at every "step" along the way. First when the product enters the country, then at the wholesale level and then again at the register. Seems like they are getting 3x the VAT for the same product.
It has gotten very expensive to be in the Bahamas.