Audio By Carbonatix
Assistant Commissioner of the Large Taxpayer Office at the Ghana Revenue Authority says he is certain that the new tax laws would not discourage huge multinational tech companies from transacting with Ghanaians.
Speaking on Joy FM's Super Morning Show on Wednesday, Martin Yamborigya said that the new move by the Authority would not only help the country attain its revenue target, but also diversify the income streams of the Authority.
"I’m not sure they would pull out because they know what they’re getting. Don’t forget the fact that the tax is supposed to be paid by you the consumer, and not them. It is VAT.
"There should be no reason why they would just go off because they were asked to collect tax for the country. So I don’t think that is going to be an issue."
Mr Yamborigya was on the show to address concerns about the GRA's new move in wanting to tax non-resident Ghanaians who undertake online businesses such as using Facebook to sell or electronic-commerce (E-commerce).
The new policy which is set to kickstart on April 1, 2022, is to ensure that the country mobilises adequate revenue and widens the tax net for national development.Â
Latest Stories
-
New Juaben North MP challenges gov’t to provide evidence of jobs created and cheap loans
26 seconds -
Nadowli-Kaleo District marks 69th Independence Day with cultural exhibition, academic awards
41 minutes -
Confusion, tension rock NPP polling station registration exercise in Tarkwa-Nsuaem
1 hour -
Burger King opens first Kumasi branch in Ahodwo
1 hour -
Burma Camp Tennis Club hosts successful 12th Ghana–Nigeria Independence Day Tennis Tournament
1 hour -
Rights, justice and action for all women and girls must include women and girls with disabilities
2 hours -
The Lover and the Fighter: China, the west, and Africa’s geopolitical awakening
2 hours -
UCC student dies in tragic road accident on campus
2 hours -
Health Ministry establishes committee to probe death of hit-and-run victim
2 hours -
RTI Commission, NACOC explore collaboration to promote transparency and accountability
3 hours -
Three dead as truck overturns near Asenema Waterfalls
3 hours -
Four Ghanaian UN peacekeepers recovering after Lebanon missile attack — Defence Ministry
3 hours -
Police restore calm at Twifo Bimpong-Agya after youth clash kills one
4 hours -
US court hears how Ghanaian scammer made over $10m posing as fake romantic partner
4 hours -
Pakistani man found guilty in Iran-backed plot to kill US politicians
5 hours
