WTS in Ghana

Recent tax developments from six countries on the continent.

Recent tax developments from six countries on the continent.

The Supreme Court of Ghana upheld the provisions of the Revenue Administration Act, 2016, Act 915 (as amended) and High Court (Civil Procedure) Rules, 2004 (C.I 47) of pay now and argue later in the case brought before the Supreme Court by Richard Amo-Hene.

On 24th November 2022, Mr. Ken Ofori-Atta, the Minister in Charge of Finance and Economic Planning presented to the Parliament of Ghana a draft budget for the fiscal year of 2023.

This case is an application filed by Afia African Village Limited (AAVL) “Applicant” seeking to invoke the supervisory jurisdiction of the Supreme Court to quash the ruling of the High Court. 

The Value Added Tax Act, 2013 has been amended by the Value Added Tax (Amendment) Act which came into force on 12 September 2022. 

The article from Ghana sheds light on the newly established transfer pricing regulations, capturing some of the BEPS Action Items.

Ghana passes the Revenue Administration (Amendment) Act which focuses on the establishment of an Independent Tax Appeals Board and other related matters.