Ghana: Treaty with Denmark boost Denmark’s investment in Ghana
Statistics from the Ghana Investment Promotion Centre (GIPC) reveal that direct investment from Denmark to Ghana in early 2014 amounted to over US$57.6million. The Finance Committee Report of Parliament also indicated that imports from Denmark to
See MoreGhana: Finance Minister Presented To Parliament “Income Tax Bill 2015”
The Deputy Minister for Finance submitted the Income Tax Bill 2015 to the Parliament on 30 July 2015. Government is seeking to broaden the tax base and reorganise the various income tax law provisions to simplify them and make them more
See MoreGhana: Tax Authority Formed Special Tax Compliance Taskforce
The revenue authority of Ghana has formed a special revenue collection taskforce including 40 members. The aim of taskforce is to enforce compliance with the country's tax code and to encourage actual or potential tax defaulters to honor their tax
See MoreGhana: IMF supports fiscal reforms
The IMF has approved a USD918 million loan in support of Ghana’s economic reform program. Ghana is described as one of Africa’s frontier emerging markets, with a trade in commodities that allowed it to weather the storms resulting from the
See MoreDenmark & Ghana DTA ratified by Denmark
The Danish government ratified the Denmark-Ghana Double Tax Treaty (DTA) on 19 December 2014, which was signed on March 24, 2014. Further details of the treaty will be reported
See MoreGhana: Ghana Revenue Authority Launches e-Tax Portal
The Ghana Revenue Authority (GRA) has launched an online portal to easily facilitate compliance, processing and collection of taxes by the authority, on 4th November 2014 at the Ministry of Finance and Economic Planning. The portal would re-engineer
See MoreSwitzerland – Ghana: Protocol treaty signed
The protocol to Ghana - Switzerland Income and Capital Tax Agreement of 2008 has been signed on 22 May 2014 and this protocol provides an exchange of information provision (article 26 of the OECD Model).Further details of the treaty will be reported
See MoreDTA between Denmark and Ghana signed
Denmark and Ghana signed a Double Taxation Agreement (DTA) on 24 March 2014. The agreement allocates taxing rights between the two countries in respect of taxes on income and capital gains. A mechanism is provided for the elimination of double
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