A fiscally used postage and revenue stamp of the Bahamas, 1863

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.[1]

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,[1] 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,[2] and the use of stamps to pay contributions ended in 1984–86.[3]

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).[4] The stamp depicts a flamingo and a bar code,[5] and it must be affixed to the packaging of tobacco products such as cigarettes.[6]

See also

References

  1. 1 2 McClellan, Andrew (2015–18). "Bahamas". Revenue Reverend. Archived from the original on 4 May 2018.
  2. ↑ "Historical Highlights". The National Insurance Board of The Commonwealth of The Bahamas. Archived from the original on 16 June 2018.
  3. ↑ "1984–1986". The National Insurance Board of The Commonwealth of The Bahamas. Archived from the original on 16 June 2018.
  4. ↑ 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.
  5. ↑ Vasiunin, Andrey. "Bahamas". Tax Stamps Collection. Archived from the original on 30 May 2017.
  6. ↑ "Investigation launched into cigarette tax compliance". The Nassau Guardian. 8 July 2014. Archived from the original on 16 June 2018.
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