The Ghana Revenue Authority(GRA) has announced that it will slap the statutory 125% interest fine on persons and companies that fail to pay their withholding taxes monthly. According to the GRA,...
Ghana and the Czech Republic have signed a Double Taxation Agreement. The Minister for Finance, Ken Ofori Atta, and the Czech Ambassador to Ghana, Margita Fuschova, signed on behalf of both...
The 50 largest US companies, including Apple, Microsoft and Wal-Mart, are parking about $1.6 trillion in offshore tax havens to reduce their US tax burden, according to a study published Wednesday....
Ghana’s electricity tariffs are too high and uncompetitive for domestic and commercial consumers in the West African sub-region, according to the Deputy Minister-designate for Energy, Dr. Mohammed...
The twenty biggest banks in the eurozone booked over a quarter of their 2015 profits in tax havens, with Luxembourg and Ireland the favourite destinations, a report by Oxfam said on Monday. The...
Former Minister of State in charge of Public-Private-Partnerships Dr. Rashid Pelpuo has advised government to be cautious in widening the tax net since not all businesses will be in position to...
The Income Tax (Amendment) Bill, 2017 has been passed by Parliament to remove the tax on gain from the realisation of securities of companies listed on the Ghana Stock Exchange. This will help deepen...
Finance Minister, Ken Ofori-Atta, says he is optimistic about achieving the macro-economic targets contained in this year’s budget statement. In the 2017 budget statement, which was approved by...
The Minister of Finance, Ken Ofori-Atta has presented four Bills to parliament in relation to the proposed tax cuts in the 2017 budget. The bills are Income Tax (Amendment) Bill, Special Petroleum...
In a world where the chase for international capital has become like a rat-race, multi-national companies seem to be having a field day by playing games with the economies of developing countries...
About 400 workers of the Rider Steel Company Limited in Tema risk losing their jobs by March 15 if the company does not resume operations. Located within the Tema Export Processing Zone, the company...
Latest: Why galamsey must not be legalised — Minerals Commission explains ActionAid Ghana will today join the Global Alliance for Tax Justice and partner organisations in countries around the world...
On Thursday, February 2, 2017, and Friday, February 3, 2017, the Ghana Integrity Initiative, the Ghana chapter of Transparency International, hosted a workshop on supporting new beneficial ownership...
Spare parts dealers at Abossey Okai in Accra have pledged to reduce the prices of their goods owing to the removal of taxes on the importation of automobile spare parts into Ghana. Minister of...
The Economic Management Team of government is pondering which taxes to abolish and the ones to increase, as it looks to take the shackles off the private sector. Senior Minister, Yaw Osafo-Marfo, who...
Ghanaian leaders from the public and private sector have applauded Rwanda’s transformation journey following the 1994 Genocide against the Tutsi. The 20 Ghanaian business leaders, investors and...
The Africa Centre for Energy Policy (ACEP) has called on the new administration to conduct an audit of the country’s power sector. The audit, the ACEP believed, would help ascertain the sector’s...
Senior Minister Nominee, Yaw Osafo Marfo, has described some taxes as nuisance. According to him, these taxes serve as a hindrance to production and more so the efforts of even doing the collection...
Apple has filed an appeal against a European Union ruling that it should pay up to €13bn (£11bn) in back taxes in the Republic of Ireland. In August, the EU ruled Apple's tax arrangements in...
Some of the biggest foreign investment and commercial banks operating in Britain paid an average tax rate of just 6 percent on the billions of dollars of profits they made in the country last year, a...
