Ghana has proposed a structured trade and investment cooperation framework aimed at expanding bilateral trade, boosting exports, and attracting increased United States investment into priority sectors of the Ghanaian economy. …
Taxation
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AgribusinessInvestmentsTaxation
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The Ghana Revenue Authority (GRA) and the Ghana Union of Traders’ Association (GUTA) have agreed to continue an effective 20 percent VAT till the end of first quarter this year. …
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MTN Ghana has announced a reduction in tariffs across all its products and services, aligning its pricing with recent changes to the country’s Value Added Tax (VAT) regime. In a …
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EconomyExtractivesInvestmentsMiningTaxation
A 3% withholding tax crashed small-scale gold output, FX inflows in 2021
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has disclosed that a 3% withholding tax introduced in 2021, led to a dramatic collapse in small-scale gold production …
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The Ghana Revenue Authority (GRA) has confirmed that it will begin the implementation of the value added tax reforms from 1st January 2026. This follows the passage and subsequent presidential …
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The Minister for Finance, Dr Cassiel Ato Forson, has tasked tax officials to adopt a more proactive approach to revenue mobilisation as the government steps up efforts to strengthen domestic …
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Taxation
No extortion at Kotoka: GRA clarifies traveller’s GH¢12,690 duty charge for undeclared phones
The Ghana Revenue Authority (GRA) has dismissed allegations circulating on social media that its Customs officers extorted money from a traveller who paid GH¢12,690.63 in duties upon arriving at Kotoka …
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It has been widely recognised that business growth and survival depend on both internal and external factors. While most of the challenges which businesses face may be foreseeable, some are …
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In Brief Corporate mergers and acquisitions usually take the form of purchase of the equity stake in a company, purchase of a business or trade as a going concern and …
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This is the final article of my three-part series of articles on the key changes to Ghana’s Transfer Pricing (‘TP’) regime, enabled by the passing of TP Regulations 2020, L.I. …
