Audio By Carbonatix
Government is looking at the option of reviewing taxes imposed on imported mobile phones or tightening checks at the ports, following reports of some smuggling by importers of mobile handsets.
Joy Business gathers that officials at the revenue authority fear this might affect the projected revenue of almost 50 million Ghana cedis.
Tax consultant, Ali Nakyea tells Joy News the development shows that government should look at levying the duty on consumption rather than the handsets.
“Of course there would be a use of it, so in the use he has to contribute to national development by paying a tax on the use of it, it would not be distortionary as it were, the impact would be lower because it would be on an ability to pay.”
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Gov’t invests GH¢443m in Free Primary Health Care – Dr Asare Bampoe
37 minutes -
ECG announces power outages in parts of Accra West and Central regions
56 minutes -
Otumfuo calls for urgent action to end maternal deaths in Ghana
59 minutes -
Prioritise Bawumia’s interest and vote on merit – NPP elder urges delegates Â
60 minutes -
Jason Arday death ‘tragedy on so many levels’ says PM
2 hours -
Rotary Club donates phototherapy machine to Ussher Hospital
2 hours -
Analysis: Jason Arday’s death will send shockwaves through a divided academia
2 hours -
CJ’s vacation warrants not limited to politically sensitive cases – Victoria Bright
3 hours -
Parts of Accra to experience power interruption on Sunday for emergency GRIDCo tower restoration
3 hours -
Dafeamekpor defends Ayine’s handling of Aksa case, faults past AGs
4 hours -
Luv FM High School Debate: Afigyaman, OKESS seal Round of 16 spots in style
4 hours -
Dafeamekpor urges Parliament to stay out of Aksa probe, backs expert-led inquiry
4 hours -
The rise and rise of Azigi
4 hours -
Is Angela List being targeted? Government must reconsider the Adamus revocation
4 hours -
Bezos-backed consortium buys a third of Liverpool
4 hours