• Sheriff
    the information needed to audit tax filling and this will make the administration of tax in Ghana to be more efficient. STATEMENT OF THE PROBLEM Since tax administration affects the socio-economic development of the nation, it is imperative that institutions associated with administration and...
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  • revenue mobilization
    International Development. 22. Younger, S. (1996). ‘Estimating Tax Incidence in Ghana Using Household Data’, in D. E. Sahn (ed.), Economic Reform and the Poor. Oxford: Clarendon Press, 231-53. 23. Younger, S., D. E. Sahn, S. Haggblade, and P. A. Dorosh (1999). ‘Tax Incidence in Madagascar: An Analysis...
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  • Offshore Banking
    offshore banking offers a competitive threat to the banking and taxation systems in developed countries, suggesting that Organization for Economic Co-operation and Development (OECD) countries are trying to use regulation as a smokescreen to stamp out competition (Ganson, 2007). 2.5 EUROPEAN SAVINGS TAX...
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  • Trade Liberalization
    Revenue Performance in Sub-Saharan Africa,” Journal of Development Economics, 64, pp173-213 AERC (African Economic Research Consortium) (1998), “Tax Reform and Revenue Productivity in Ghana,” AERC, Nairobi Agbeyegbe, T., Stotsky, J. and Wolde Mariam, A. (2003), “Trade Liberalization and Tax Revenue...
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  • challenges
    Ghana mobilized its revenue from the sources listed above. The law provided for the imposition of VAT as a 2 replacement tax for sales tax, entertainment duty, hotels and restaurant tax, betting tax and advertisement tax with effect from 1st March 1995. However, in less than four months of the...
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  • An Assessment of the Contributions and Challenges of Ghana Revenue Authority (Domestic Tax Revenue Division) Toward Revenue Mobilization. (a Case Study of Ghana Revenue Authority Head Office)
    of the current condition. The full understanding is yet to be achieved; and once the causes of these gigantic but surmountable challenges were identified, the effects could be tackled realistically. Efficiency on the part of tax officials is also under scrutiny and needed to be improved since...
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  • Tax Evasion
    Income Tax Act 1990. See Adinkranh "A new tax source for Development in Ghana and Nigeria and its effects on the peasants" Journal of Private & property law,(1984) Vol. l & 2 at p.77. 28. 29. 30. 31. 32. 33. 34. 35. ...
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  • Tax Revenue
    respectively and concluded that there is a significant relationship between company income tax and Nigerian economic development. And that tax evasion and avoidance are major hindrances to revenue generation. Lee and Gordon(2004) in their paper, Tax structure and economic growth, explore how tax...
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  • Student
    father of Income Tax. Four (4) years later, his successor, Prime Minister Henry Aldington, introduced the systematic classification of sources or types of taxes in Britain. The History and Development of Taxation in Ghana (The Gold Coast) 1850: Taxation started in the form of customs duty. This...
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  • The Reasons for Global Inequality
    and support of Western nations to the opening up policy and due to the arguable increases in productivity and efficiency as an economy becomes more market oriented. In terms of institutions, the stability of law and the effectiveness of the government in tax collection and stopping tax evasion is...
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  • Developing an Effective and Efficient Tax System in a Developing Economy - a Case Study of Ghana
    and many other similar concerns expressed by others are pointers to the fact that the tax system of Ghana needs a critical review to enable it catch up with the pace of economic development of the developed economies. 1.1 Statement of the problem The developmental agenda of a country in general...
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  • Improvement of Corporate Tax Audit: Factor of Increasing Tax Compliance in Malaysia
    ) considers that it can be achieved by law enforcement besides tax consultation and tax service. Law enforcement comprises of tax audit, tax investigation and tax collection. Tax audit becomes important since it can cause a deterrent effect to increase taxpayer compliance. Tax audit plays an...
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  • The 2013 Budget Of Ghana
    Technical Assistance 113. Mr. Speaker, Ghana was subjected to a Phase one Peer Review by the Global Forum of the Organisation of Economic Cooperation and Development (OECD) in October 2010 and the associated report published in May 2011. Ghana subsequently joined the Global Forum in May 2011...
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  • Student
    Through this approach we are able to measure and quantify a number of the key economic effects of high-skilled emigration. We estimate that the best and the brightest stand to gain $40,000-75,000 5 per year from emigrating from these five countries. This gain to the migrants swamps by an order of...
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  • Student
    evasion is a widespread one (Kasipillai & Abdul Jabbar, 2006). Furthermore, Fagbemi, Uadile & Noah (2010) found that it is prevalent in developing countries and it hinders development thereby leading to economic stagnation and other socio-economic problems. Chipeta (2002) identified tax rates as one of...
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  • INTERNATIONAL LAW RELATING FACTOR MOVEMENT
    taxpayer in respect of the same subject-matter and for identical periods. Economic double taxation describe the phenomena of an income flow being subjected to more than one charge to tax under the same domestic tax system. The cause of double taxation are varied. The primary cause is the residence...
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  • Tax Administration in Nigeria: a Case Study of Federal Inland Revenue Service(Firs)
    motorcycles to carry out the assignment effectively are grossly inadequate.  Lack of voluntary compliance from the taxpayers This attitude of taxpayers causes tax avoidance, evasion and delinquency  Lack of Taxpayers’ Data There is inadequate data to capture all prospective taxpayers. Over...
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  • Ica Gh Syslabus
    monetary policy. e. Explain Monetary Policy Formulation through the Monetary Policy Committee (MPC). Money and Banking 22 Institute of Chartered Accountants, Ghana Economics SECTION B: Microeconomics MAIN TOPIC (Cont’d.) SYLLABUS CONTENT f. Explain the effects of monetary policy...
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  • Revenue mobilization
    therefore establish a special desk in the Domestic Tax Division of the Ghana Revenue Authority (GRA) to monitor compliance of professionals to their tax obligations. The previous Minister of Finance and Economic Planning, Dr. Kwabena Duffour, stressed that the country has many self-employed...
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  • To What Extent Does Tax Evasion Affect the Society
    economy, distribution of income and allocation of resources. According to the above analysis, some basic conclusions showed that some certain degrees of negative effects caused by tax evasion are existed. Even if in some particular period of economic development and particular system of social...
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