Audio By Carbonatix
Minister-designate for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare has called for a national dialogue on taxation to address the persistent issue of under-declaration at Ghanaian ports.
During her vetting on Wednesday, January 22, she noted the need for fair and reasonable tax policies to encourage compliance among importers and traders.
According to her, exorbitant taxes often drive individuals and businesses to evade payment at ports.
"When we are charged reasonable taxes, people pay. Not everybody is interested in evading tax, but if it becomes burdensome, then there is an attractiveness to evade it," she explained.
Madam Ofosu-Adjare also urged policymakers to explore tax reforms that would balance government revenue needs with the ability of citizens and businesses to pay, stressing the need for a stakeholder-inclusive national dialogue to create a fair and efficient tax system.
"So I think that there should be a national dialogue on our taxation so that many more people will pay. I am sure that if the taxes are not that exorbitant, and all of them pay. We may get more than we are collecting. So a lot of things have to go into ensuring that people declare exactly what they are bringing to the country, and pay the right fees, and it will be much easier," she suggested.
Acknowledging that not everyone seeks to avoid taxes, she stressed the importance of reducing the tax burden to make compliance more appealing.
Latest Stories
-
Nii Lante Vanderpuye resigns as DRIP National Coordinator
4 minutes -
From Ghanaian passport to Ghanaian Property: Why African Americans are betting on Ghana’s real estate boom
4 minutes -
Francis Adoba Arhin aka Master Arhin
18 minutes -
Death by neglect: Why building collapses continue to haunt Ghana
24 minutes -
Gov’t releases over GH¢76M to support Black Stars’ World Cup campaign
43 minutes -
Assin Fosu MOFA launches ‘feed Ghana’ school project to promote food security and agricultural skills
49 minutes -
Nigeria killed more than 13,000 ‘terrorists’ in past year, President Tinubu says
49 minutes -
US extradition of convicted former MASLOC chief hands Ghana a historic cross-border justice win
53 minutes -
Ghana’s system makes it difficult for entrepreneurs to succeed – Crown Peak Holdings CEO
59 minutes -
Public health officers urge vigilance against disease outbreaks during rainy season
1 hour -
NIA begins Ghana Card registration for children aged 6-14 years in Northern Region
1 hour -
GNFS contains fire at Techiman GRIDCo station
1 hour -
FoBSC Dean leads strategic engagement between UniMAC and Global Media Alliance
2 hours -
China arrests US scholar suspected of spying
2 hours -
UK economy contracts as Iran war impact felt
2 hours