Australia on Thursday said it had slapped seven large multinationals with a multi-billion-dollar tax bill as it pursued global firms shifting profits offshore to minimise liabilities. The companies...
Mr George Kwatia, a Tax Partner at PricewaterhouseCoopers Ghana, has said the 2017 Budget and its achievement of tax revenue depends more on the Ghana Revenue Authority (GRA) than any other...
The Ghana Investment Promotion Centre (GIPC) officials have met with the Finance Minister, Ken Ofori-Atta, to seek a review of the tax retention policy captured in the 2017 budget and economic policy...
The Minister of Communications, Ursula Owusu Erkuful, has said she will be meeting the Finance Minister to sort out the “confusion” between Afriwave and Subah Infosolutions regarding which of the...
Chairman of the Abbossey Okai Spare Parts Dealers Association, Mr. Siaw Ampadu has disclosed that he will lead officials of the Ghana Revenue Authority to store owners in Abbossey Okai who do not pay...
Deputy Finance Minister-designate, Kweku Kwarteng, is wondering why transport fares have gone up despite tax cuts by government on petroleum excise duty. He told Evans Mensah on Joy FM’s Top Story...
Dealers of spare parts at Abossey Okai in Accra have told Citi Business News they are in talks with government to scrap the import levy on imported spare parts. The traders were thrown in a fix when...
Dealers of spare parts at Abossey Okai in Accra have told Citi Business News they are in talks with government to scrap the import levy on imported spare parts. The traders were thrown in a fix when...
Member of Parliament for Ofoase Ayirebi and a member of the Finance Committee in Parliament, Kojo Oppong Nkrumah has lamented over the 15% increment in transport fares. According to him, it would...
A new tax regime came into effect from March 31, 2017, following the amendment of some tax laws. Changes to the tax system follows the repeal of the Customs and Excise (Petroleum Taxes and Petroleum...
Traders of imported vehicle spare parts may not be enjoying the tax cuts on their wares anytime soon. At least, this is the indication from the industry with the implementation of the scrapping of...
Traders of imported vehicle spare parts may not be enjoying the tax cuts on their wares anytime soon. At least, this is the indication from the industry with the implementation of the scrapping of...
The Chief Executive Officer of the Ghana Investments Promotion Centre, Yofi Grant, has assured investors and the business community of government scrapping its new tax retention policy which request...
Effective Friday (March 31, 2017), importers of products affected by the 1 percent special import levy will no longer pay any of such charges. It comes on the back of the implementation of the tax...
Vice President Dr. Mahamadu Bawumia has hinted that government will soon scrap import duties on raw materials and machinery. The move is to enhance competition and effectiveness in the business...
A while ago, parliament passed the VAT amendment Bill into law subject to presidential assent. The budget, and the bill, which was prepared by the government and laid before parliament, seeks to...
Parliament has passed the Value Added Tax (VAT) Amendment Bill, 2017, which would require all taxable retailers and wholesalers to account for VAT at a flat rate of three per cent. The rate would be...
Google was charged £36.4m in UK corporation tax last year, according to its latest annual results. The US search giant recorded sales of £1.03bn and a pre-tax profit of £149m in the UK for the 12...
Dutch prosecutors say they have launched co-ordinated raids in several countries against suspected money-launderers and tax evaders. They are investigating about 3,800 Dutch-linked accounts in an...
Vice President Dr Mahamudu Bawumia has said that Ghana’s “economy is bright” as he interacted with a German business delegation to Ghana. He noted that the focus by the New Patriotic Party...
