The research shows that the percentage of tax revenue to Gross Domestic Product (GDP) in Ghana from 1990 to 2016 is 14.56 %. This is deemed inadequate to contribute immensely to the fortunes of the country. Majority of tax evaders are in the informal sector that forms 70% of the nation'...
According to the DTA the tax withholding rate for payment of dividends is 0%/5% depending on the percentage of holding by the recipient. June 2017. Turkey Somalia Tax Treaty Turkey and Somalia signed on June 3, 2017 a double tax treaty, DTA. The DTA includes reduced tax withholding rates ...
In the diagram below, we show the economies in which the TTCR moved by at least 1 percentage point between 2017 and 2018. If you hover over an economy, you can see a description of the changes in the tax. In those economies in which there were several changes in the year, we describe...
In Ghana, as part of the tax restructuring process, the Revenue Agencies Governing Board established the Large Taxpayer Unit (LTU) as a means of enhancing revenue collection from few traders who account for a large percentage of total tax collection. After four years of operations this research ...
For other countries, provided to us by the authors of the studies cited in Footnote 3. Notes: p.p.=percentage points. w.r.t.=with respect to. Ethiopia and Ghana are not included in the table because poverty with a $1.25 per day poverty line increased from pre-fisc to post-fisc ...
In accordance with EU VAT rules, companies registered for VAT can deduct input VAT to the extent that it is linked with their output VATable economic activity. In the past, apro ratadeduction was used based on the percentage of VATable and non-VATable activities. However, after the judgment...
(RPI) leases into turnover-based leases which calculate rent as a percentage of turnover and are not fixed. If a company is looking to acquire a business that has some exposure to retail, has it thought about what would happen if the leases that it thinks it is buying are suddenly...
Poultry farmers willingness to pay for agricultural tax: evidence from the Bono region, Ghana Purpose - The purpose of this paper is to examine the poultry farmer's willingness to pay for agricultural tax in the Dormaa Municipality of Ghana. Besides... NO Mensah,EC Amrago,JK Asare - 《Wor...
Quickly add or subtract any percentage (such as a sales tax rate) from a value. Enter a custom tax rate or use one of the national/regional tax rate pre-sets. Users can also change the value on the three pre-set buttons.Copy the results to the clipboard and send them in a text or...
Financial disincentives to formal employment are measured by formalization tax rates (FTRs), which capture the percentage of earnings in informality that would be lost due to increased social insurance contributions and income tax payments or benefit withdrawal upon entry to formal employment. Then, ...