Tag: tax exemptions
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GH¢4.6 billion tax exemptions unsustainable — IFS
The Institute for Fiscal Studies (IFS) has described the country’s tax exemptions regime which grants waivers to the tune of GH¢4.6 billion as unsustainable; calling on Parliament to pass the Tax Exemptions Bill. The Finance Ministry has since March 2019 submitted to the legislature a Tax Exemptions Bill for consideration and passage into law to regulate…
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Gov’t reviewing tax exemption policy to generate more revenue—Finance Minister
Government has begun a review of tax exemptions for companies operating in the country. Finance Minister, Ken Ofori Atta who disclosed this said some of the exemptions granted companies may not be relevant. The review follows concerns raised by a section of the public over waivers issued to multinational companies The Trade Ministry recently announced…