Tag: tax
News
5% tax on locally manufactured plastics will collapse 30,000 jobs – Gov’t told
The Ghana Plastic Manufacturers Association (GPMA) has raised alarm over the potential impact of a planned 5% excise tax on locally manufactured plastics, warning...
Business
EU disapproves taxation on lottery wins
The European Lotteries has voiced disapproval of government taxation on lottery winnings and imposition of fees on the gaming sector.Phillipe Vlaemminck, Head of Legal...
Business
Mahama, Bawumia advocate for simplified tax reforms
Vice President Dr. Mahamudu Bawumia and former President John Dramani Mahama have both advocated for a simplified tax structure to facilitate easier calculation and...
Business
Ghana, Singapore agree on a carbon credit deal tax liabilities
Ghana and Singapore have inked a pact enabling companies to purchase carbon credits from Ghana-based projects to offset a portion of their carbon tax...
Business
We will not harass you with EOCO and burden you with endless tax audits – Mahama
Former President John Mahama asserts that if he emerges victorious in the presidential election on December 7, 2024, his subsequent administration will refrain from...
Business
Focus on economic development, not tax waiver amounts – Afenyo-Markins tells minority
The Majority Leader in Parliament, Alexander Afenyo-Markin, has argued that concerns over the tax waivers granted to certain companies are misguided.The Effutu MP...
News
Income inequality deepens as the poor bear heavier tax load than the wealthy – Expert
Economist and finance expert, Professor Godfred Bokpin, highlights that low and middle-income earners in Ghana bear a heavier tax burden compared to the wealthy.He...
Business
Delay on tax exemptions for 42 companies, a deliberate attempt to discourage investors – Majority
The Parliament of Ghana is still pending tax exemptions for 42 selected companies under the One District, One Factory (1D1F) programme, owing to delays...
News
List of 42 companies requesting $335m tax waiver under 1D1F
In 2021, the Ministry of Finance began the process to secure roughly $335,072,712.13 in tax exemptions for 42 companies under the government's One District...
World
Pipeline company in British Columbia claims that its “haulers” are not trucks for tax purposes
A contractor working on the Coastal GasLink pipeline wanted to get $333,000 in tax rebates, but they were denied. They bought some equipment and...
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