Tag: Communications Service Tax (CST)
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Tax Justice Coalition decries uncertainty in Ghana’s tax policies
The Tax Justice Coalition, a Civil Society Organization, has called for predictability in government’s tax policies, citing the recent reduction in the Communication Service Tax (CST) from nine (9) percent to five (5) percent as disruptive to business planning. The CST also known as “talk tax”, was first introduced in 2008 at an ad valorem…
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Chamber of Commerce and Industry lauds ‘Talk Tax’ reduction
The Ghana National Chamber of Commerce and Industry has lauded government for its decision to reduce the Communication Service Tax, also known as ‘Talk Tax’ from 9 to five percent. As part of efforts to mitigate the economic impact of Covid-19 on individual consumers and businesses, government announced the reduction in the Mid-year budget to…
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Telcos’ Chamber calls for more dialogue on “talk tax” before it’s increased
In an attempt to walk the fine line of meeting government’s revised total revenue and grants target of GHC 58.9 billion, while avoiding overtaxing its citizens, the Finance Minister Ken Ofori-Atta has made a number of proposals, key amongst them is the proposed increase in the Communications Service Tax (CST) from 6 to 9 percent.…