Tag: tax
World
Tax fraudster in Calgary sentenced, fined $50 thousand
A man from Calgary has been given a 12-month conditional sentence and has to pay a $50,000 fine for lying on his tax returns....
Independent Africa
Terrence Howard ordered to pay $900k to redeem unpaid tax
A federal judge in Philadelphia has ruled that actor Terrence Howard must pay nearly $1 million in back taxes, interest, and penalties.This decision...
Business
Bawumia’s flat tax regime welcomed by Abossey Okai Spare Parts Dealers Association
The Abossey Okai Spare Parts Dealers Association has thrown its weight behind Dr. Mahamudu Bawumia's proposition to introduce a simplified flat tax system should...
Business
Amnesty will not address problems with Ghana’s tax system – Economist
A Professor of Economics at the University of Cape Coast (UCC), John Gatsi, has voiced skepticism regarding the proposed tax amnesty put forth by...
News
Ghana suspends contentious power tax following commotion
The government of Ghana has stopped its plan to put a 15% tax on power because people were very angry about it and thought...
News
My gov’t will provide tax amnesty to businesses – Bawumia
Vice President Dr Mahamudu Bawumia has noted that his government will implement a policy where the government grants forgiveness or relief from tax penalties...
News
14 Lands Commission staff relieved of their duties over stamp duty fraud
Fourteen staff of the Lands Commission have been interdicted over their alleged involvement in fraudulent activities. The fraudulent scheme, detected in May 2022 by...
Business
Ghana is losing multinational companies as a result of excessive taxes – PwC Ghana
Tax Partner at PwC Ghana, Abeku Gyan-Quansah, has expressed concern about the excessive tax burden faced by Ghanaian businesses.He noted that, as a...
News
64% of Ghanaian employees are stressed due to low incomes – Report
The 2023 Old Mutual Financial Services Monitor has disclosed that 64% of employed Ghanaians are facing financial stress, especially those with lower incomes (below...
News
Adaklu MP accuses govt of dishonesty in implementing Vehicle Emission Tax
Minority Chief Whip in Parliament and Member of Parliament for Adaklu, Governs Kwame Agbodza, has criticized the government for proceeding with the implementation of...
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