Results for "Tax exemption"
279 results.
General
We need expenditure rationalization, value for money projects, others to enhance fiscal economy – First Deputy Governor
when citizens perceive that the tax system does not inure to their benefits, they are likely to want to evade or not comply with such tax obligations.
DL News
US
Global tax deal seeks to end havens, criticized for ‘no teeth’
French Finance Minister Bruno Le Maire said Paris would use its European Union presidency during the first half of 2022 to translate the agreement into law across the 27-nation bloc.
DL News
Business
Ghana’s Exemption regime: President, Diplomatic missions, Religious Organisations among privileged persons
An exemption is a waiver or variation of a tax, levy, rate, duty, fee, or charge provided for under an enactment
DL News
Business
Employee ought to file annual income tax returns – GRA
Under the previous Section 125 of Act 896, employees were not mandated to file their own returns. However, the introduction of Amendment 924 now requires employees to submit their income tax returns within four months of the end of the basi...
DL News
General
Gift Tax: Every Ghanaian who works or does business is required to pay- Legal practitioner
The gift from a group of young professionals captured the public’s imagination, but he said the cheque should be viewed as solely symbolic
DL News
Others
UN moves to draft new convention on international tax cooperation
The resolution provides for an intergovernmental committee to develop protocols and measures to combat tax-related illicit financial flows
Jurist
Courts
Company directors before court for alleged tax evasion
Mansell Limited, which deals in the importation and wholesale of rice, sugar and other products, and the directors are facing trial at the Tax Division of the Accra High Court on two counts of failing to pay tax, contrary to Section 80 of t...
GRAPHIC ONLINE
Business
Demand Tax Clearance Certificates before renewing members’ licenses – GRA to Professional bodies
The Ghana Revenue Authority (GRA) wants the Governing Councils of Professional Bodies to demand Tax Clearance Certificates (TCCs) from their members before the renewal of their licenses.
DL News
General
Bar Conference’21: Make the fulfillment of tax obligation criteria for lawyers’ good standing-AG to GBA
“Sad to say, many lawyers are caught in the phenomenon of tax evasion as they unjustifiably avoid being caught in the tax net either by understanding their profits or concealing their true income,
DL News
Business
Altar bread, Communion wafer, Tasbi, Sajjada, others exempted from customs duties, taxes: Did you know?
An exemption is a waiver or variation of a tax, levy, rate, duty, fee, or charge provided for under an enactment
DL News
General
Over 14 million potential taxpayers identified after integration of Ghana Card and TIN – GRA
Mrs Victoria M.E. Hajar, the First Vice President of GNCCI, expressed appreciation to the GRA for the partnership to address key tax issues affecting businesses as well as sensitize and dialogue with the business community on tax administra...
DL News
Africa
Nigeria: Employees of startups to get 35% tax exemption as Reps pass bill for second reading
The bill, an executive bill sent to the House of Representatives on March 3 by President Muhammadu Buhari, seeks to provide the legal framework for the operation of tech startups in the country.
Premium Times Nig
General
Implement gender-responsive tax policies for equality-Experts call
Speaking at a policy conference on taxation, gender equality, and sustainable development, organized by the Network for Women’s Rights (NETRIGHT) Ghana in collaboration with the Tax Justice Network Africa (TJNA), Mr. Winful pointed out that...
DL News
Business
Digital tax stamps will enhance tax compliance among industries – AGI
He stated that the industry’s technique of purchasing stamps and fastening them to the goods was time-consuming and expensive to maintain.
GNA
Business
Gov't committed to reducing inefficiencies, enhancing tax compliance- Osei-Asare
According to her, this aligns with the Medium-Term Revenue Strategy laid out by the ministry.
DL News
Business
Are individuals who earn incomes abroad required to pay taxes in Ghana? -GRA clarifies
In a statement, the Authority notes that the legal definition of a resident individual for tax purposes is grounded in the Income Tax Act 2015 (Act 896).
DL News