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GH¢15.1bn financial irregularities in public boards, corporations uncovered – AG report

The 2022 Auditor-General's (AG) report has revealed irregularities totaling more than GH¢15.1 billion in the operations of public boards, corporations, and statutory institutions....

Nigeria: Manufacturers confused about tax on tobacco, alcohol

The Manufacturers Association of Nigeria is asking the Federal Government to clarify the increased excise taxes on tobacco and alcoholic beverages that are included...

Brazil controls sports betting, tax businesses despite scandal

On Tuesday, the Brazilian government issued a provisional decree to legalize sports betting and impose an 18% tax on the revenues of betting companies....

‘Illegal’ disinfection tax on imported vehicle bemoaned by Franklin Cudjoe

Founder and president of the policy think tank IMANI Centre for Policy and Education (Imani Africa), Franklin Cudjoe, expressed surprise over a tax deduction...

Take a second look at tax exemptions in the country – Prof Abotsi to govt

Dean of the School of Law at the University of Professional Studies Accra (UPSA), Professor Ernest Kofi Abotsi, is cautioning that the existing tax...

Introduce tax relief measures in mid-year budget review – Business community to govt

Stakeholders in the business community have called on the government to introduce tax relief measures during the upcoming mid-year budget review. As per Section...

Betting firms pay GHS450m as tax to government in 4 years

Data available at the Ghana Revenue Authority (GRA), has it that betting companies have since 2019 paid an estimated GH450million to the government...

Too much tax stifling MSMEs – Experts

Associate Director, Tax Advisory Service at KPMG, Michael Boateng, has made claims that the majority of medium- and small-scale organizations (MSMEs) who are also...

ILAPI proposes establishment of fiscal covenant to reduce govt expenditure waste

The Institute for Liberty and Policy Innovation (ILAPI) has proposed the formulation of a new fiscal covenant in Ghana as a solution to address...

Tax for seafood import to increase to 1,500%

The United States Department of Agriculture (USDA), has indicated in it second quarter foreign agricultural service report that government plans to significantly increase import...

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