Audio By Carbonatix
The American Chamber of Commerce, Ghana (AmCham) has commended the government of Ghana for inaugurating the Independent Tax Appeals Board (ITAB), saying, this notable milestone will create a business-friendly environment.
The Chamber also believes the establishment of the board will significantly improve the country’s ease of doing business.
“We believe this is a notable milestone in creating a business-friendly environment and will go a long way to significantly improve the country’s ease of doing business”, it’s Chief Executive Officer, Simon Madjie disclosed.
The Independent Tax Appeals Board established by the Revenue Administration (Amendment) Act, 2020, Act 1029 shall hear and determine appeals against the ‘tax decisions’ of the Commissioner-General of the Ghana Revenue Authority (GRA) concerning objections to tax decisions and assessments.
This Alternative Dispute Resolution (ADR) measure will ensure speedy and cost-effective interventions to tax-related disputes. I will encourage members to consider the ITAB a first point of approach in dealing with tax disputes.
An appeal against the decision of the Commissioner-General must be filed with the Executive Secretary of the Appeals Board within 30 days of the decision.
Mr. Madjie appealed to members of the chamber who seek further clarification and assistance contact reputable tax advisory firms within the AmCham network, namely PwC, KPMG, and Morrison and Associates.
He reiterated AmCham Ghana's commitment to seeing businesses thrive, and we remain resolute in ensuring an investor-friendly environment to ensure success.
Latest Stories
-
Minority criticises government for failing farmers amid unsold rice crisis
5 minutes -
Why Tsatsu Tsikata’s legacy is Ghana’s future
9 minutes -
Farmers need support all year, not just awards’ — Prof. Boadi
18 minutes -
Spotify ranks ‘Konnected Minds’ Ghana’s No. 1 Podcast for 2025
21 minutes -
Minority caucus push for modern AI-driven agricultural and fisheries revolution
22 minutes -
Mahama reaffirms Ghana’s commitment to ending HIV/AIDS by 2030
22 minutes -
Martin Kpebu poised to defend claims against Special Prosecutor – Counsel
27 minutes -
Kareweh criticises govts for policies that look good but achieve little in agriculture
29 minutes -
Galamsey is killing our cocoa, our water, our future – Minority warns of food security meltdown
32 minutes -
Keta is drowning, not fishing – Minority demands urgent fix to premix fuel breakdown
45 minutes -
Rising attacks on journalists demand better coordination with Security agencies — MFWA
54 minutes -
A nation that left its farmers behind – Minority blasts gov’t over GH¢5bn grain disaster
1 hour -
Move to scrap OSP is premature, Inusah Fuseini tells Majority caucus
1 hour -
Farmers’ day losing meaning without real reform — GAWU Warns
1 hour -
GTA boss outlines three priorities to drive Volta Region’s tourism growth
1 hour
