Business
GRA to roll out Fiscal Electronic Device Act as part of sweeping reforms
The law, in force since May 2018, mandates the use of approved fiscal devices at every point of sale by certain taxable persons.
DL News
Results for "Momo tax"
308 results.
Business
Accounts of Businessman Richard Nii Armah Quaye frozen by FIC
Additionally, personal accounts belonging to Mr. Quaye and the company’s Chief Executive Officer, Romeo-Richlove Kweku Seshie, have also been frozen.
DL News
Business
Ride-hailing vehicle owners to pay Vehicle Income Tax from 1st January, 2024
GRA said in a statement that all commercial vehicle owners, including ride-hailing drivers, must pay income tax on a quarterly basis under Section 22 of Regulations 2016, LI 2244.
DL News
General
When do you need a probate lawyer? Key situations that require legal assistance
Not every situation calls for a probate lawyer, but there are a few key scenarios where it’s highly recommended to get some legal assistance
Lawyer Monthly
Business
Scrap VAT Amendment Act – Importers and Exporters Association tells Government
Per the Value Added Tax(Amendment) Act, 2021(Act 1072), the Value Added Tax (VAT) flat rate for retailers of goods has been restricted to taxpayers whose turnover is Two Hundred Thousand Ghana cedis (GH₵200,000) and above, but not exceeding...
DL News
Africa
Ex-Barcelona star Samuel Eto’o handed 22-month suspended prison sentence
Eto'o previously blamed his agent Jose Maria Mesalles for the tax evasion - who has also been given a one-year suspended prison sentence.
The sun
Europe
Team of Ghanaian lawyers launch into Paris practice
Team of Ghanaian lawyers launch into Paris practice
DL News
Business
E-Levy: Minority throws out proposal to reduce tax from 1.75% to 1.5%
Government had hoped to get the buy-in of the NDC MPs to get the bill passed.
MYJOYONLINE
Africa
How Nigeria succeeded in clipping Twitter’s wings
Twitter has agreed to a raft of conditions to end a seven-month ban in Nigeria, in what feels like a big win for President Muhammadu Buhari’s administration in its efforts to regulate the internet, some analysts say.
BBC
Business
"Don't introduce new taxes in 2022 budget" - Spare Parts Dealers
“If new taxes would be introduced, there is the need to evaluate current taxes to find out those that are not performing or what we call nuisance taxes.
DL News
Crime
Fake clearance: Low cost of corruption emboldening culprits – GII
Per the investigative report, some officials at GRA are able to forge tax records for newly created companies without any evidence of work with a paltry sum of ₵1,500.
DL News
US
Trump sues niece, New York Times over tax story
“The walls are closing in and he is throwing anything against the wall that will stick,” she told the Daily Beast. “As is always the case with Donald, he’ll try and change the subject.”
DL News
General
“5000 tax evaders in rich Ghanaian communities to be dealt with” – GRA
The GRA has subsequently admonished defaulters to redeem themselves under the existing government’s penalty and interest waiver regime, in order to avert any punishment in the future
DL News
Business
Prosecute perpetrators of collapsed banks — ICU
The Industrial and Commercial Workers Union (ICU) has appealed to the Attorney-General (A-G) and Minister of Justice to expedite action on the process to prosecute persons whose actions led to the closure of seven banks in the country.
DL News
Business
Government begins overhaul of VAT system to boost business climate, tax compliance
The reform initiative was highlighted during a high-level engagement between Ghanaian officials and Wencai Zhang, Managing Director and Chief Administrative Officer of the World Bank Group.
DL News
Africa
Nigeria: Binance official escapes custody
Nadeem Anjarwalla, a British-Kenyan dual national, was arrested in February with his US colleague Tigran Gambaryan.
BBC
Africa
US Court sentences former aide of Nigeria’s state Governor to five years in prison over fraud
Abidermi Rufai attempted to steal nearly $2.4 million from 12 US agencies, including about $500,000 in pandemic-related unemployment benefits.
DL News
Business
Customs Division(Ho): Total tax revenue of GHC 1,452, 206.56 collected between Jan and June 2021 unaccounted for
Pursuant to the above, an investigation was carried out by management, and the Accounts Officer was transferred to the Ho Tax Office.
DL News
Europe
Neymar to be tried over irregularities in Barcelona transfer
The Brazilian international, his parents, and former Barcelona presidents Sandro Rosell and Josep Maria Bartomeu will be tried for alleged corruption related to the forward’s move from Santos to Barcelona in 2013.
AFP
Business
All there is to know about the Electronic Transfer Levy Act, 2022 (Act 1075)
The Electronic Transfer Levy Act, 2022 (Act 1075) as assented to by the President of the Republic, Nana Akufo- Addo on March 31, 2022, has imposed the Electronic Transfer Levy on electronic transfers.
DL News