Very few revenue stamps of the Bahamas have been issued, as most of the time dual-purpose postage and revenue stamps were used for fiscal purposes. They were used as such from around the 1860s to at least the 1950s. A couple of revenue-only impressed duty stamps embossed in vermilion ink are known used in the 1950s. Similar stamps but with colourless embossing might also exist.
A set of National Insurance stamps were issued in around the 1970s or 1980s. Only a single $7.95 stamp depicting the islands' national bird, the flamingo, has been recorded, but contributions were based on six wage groups so at least five other stamps were also issued. The National Insurance was established in the Bahamas on 7 October 1974, and the use of stamps to pay contributions ended in 1984–86.
In September 2013, a taxpaid stamp was issued to pay the excise tax on tobacco in accordance with the Excise Stamp (Tobacco Products) Control Act (No. 27 of 2013). The stamp depicts a flamingo and a bar code, and it must be affixed to the packaging of tobacco products such as cigarettes.
See also
References
- ^ McClellan, Andrew (2015–18). "Bahamas". Revenue Reverend. Archived from the original on 4 May 2018.
- "Historical Highlights". The National Insurance Board of The Commonwealth of The Bahamas. Archived from the original on 16 June 2018.
- "1984–1986". The National Insurance Board of The Commonwealth of The Bahamas. Archived from the original on 16 June 2018.
- Fielder, Eileen (16 August 2013). "September Launch for New Bahamas Tobacco Products Excise Stamp". The Bahamas Weekly. Archived from the original on 2 November 2013.
- Vasiunin, Andrey. "Bahamas". Tax Stamps Collection. Archived from the original on 30 May 2017.
- "Investigation launched into cigarette tax compliance". The Nassau Guardian. 8 July 2014. Archived from the original on 16 June 2018.
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