John Mahama of NDC (L) and Dr. Mahamudu Bawumia of NPP (R)
Some tax analysts have cast doubts over the ambitious tax proposals announced in the manifestos of the two major political parties, the New Patriotic Party (NPP), and the National Democratic Congress (NDC) to be rolled out under an International Monetary Fund (IMF) programme.
Both parties have promised to remove the Electronic Transaction Levy, the COVID-19 -Levy and reduce some taxes at the ports.
But Speaking to Joy Business, tax analyst Francis Timore Boi cautioned that the blanket removal of the taxes without alternative plans to boost revenue may derail the IMF programme.
He argued for example that the Covid-19 levy and the E-levy combined are projected to give the government about GH₵7.7 billion in 2025.
Subscribe our newsletter to stay updated
Thank you for subscribing!
Subscribe our newsletter to stay updated
Thank you for subscribing!
