Kunbuor, Benjamin.
Law of taxation in Ghana. / Benjamin Kunbuor, Abdallah Ali-Nakyea and William Kofi Owusu Demitia. - Fourth edition. - Ghana Type Publishers 2017 - xxiv, 368 pages ; 23 cm
Includes bibliographical references (pages 357-362).
Chapter 1: General principles and background to the law of tax in Ghana: Introduction: Taxation as a concept -- Brief history of direct taxation in Ghana -- Taxation as a legal concept in Ghana -- Classification of taxes -- A good tax system and equity rules -- Approaches to interpretation of tax status -- Income as a tax base -- Sources of tax law in Ghana -- Chapter 2: Imposition of tax on income in Ghana: Jurisdiction to income tax -- Systems of taxation -- Tax residence status -- Taxation income in Ghana -- Business (trade, profession or vocation) -- Other trade related activities -- Profession or vocation -- Employment -- Investment -- Chapter 3: Ascertainment of income in Ghana -- Special industries -- Public, mutual and non-profit causes -- Expenses generally allowable under Act 896 -- Expenses not allowable -- Chapter 4: Basis of computing assessable and chargeable income -- Computation of chargeable income -- Capital allowances -- Classes of depreciable assets --Rates of income tax -- Annual tax rates -- Monthly tax rates -- Temporary concessions -- Modified taxation -- Chapter 5: Realization: Realization under Act 592 -- Realization under Act 896 -- Determination of gain -- Consideration received -- Cost -- Realization with retention of asset -- Transfer of asset to spouse or former spouse -- Transfer of asset on death -- Transfer of asset to an associate or for no consideration -- Realization of asset with replacement asset -- Security , finance lease or instalment sale -- Realization by separation -- Realization of depreciable assets -- Chapter 6: Tax avoidanc and tax evasion: Approaches to tax avoidance -- The spirit and letter of the law -- Modern approach -- Anti-tax avoidance legislation -- tax evasion -- Tax clearance certificate -- Chapter 7: Tax administration: Adminstrative authority -- Ghana Revenue Authority -- Structure and features of the Ghana Revenue Authority -- Identification of tax officers -- Assistance of experts -- Assistance of officers of public bodies -- No remuneration for complying or assisting with tax laws -- Official secrecy -- Accepting security -- Taxpayers -- Tax Clearance Certificate (TCC) -- Use of TIN & TCC -- Cancellation, replacement or amendament of TIN or TCC -- Taxpayers's rights -- Access to information & audit -- Procedure in tax administration -- Tax returns -- Assessment to tax -- Authorized or defective documents -- Service of documents -- The courts and tax administration -- Collection of taxes -- Debts execution processes -- Reduction and refund of tax -- Practice notes -- Private or class rulings -- Chapter 8: International taxation: Permanent Establishment (PE) -- Tax treaties -- Chapter 9: Basic principles on Value AddedTax (VAT) in Ghana -- Why Ghana's 1995 VAT failed -- Legal framework -- Functions and organisation of the VATS -- Taxation procedure -- Flat rate scheme -- Tax exemptions and zero-rated supplies -- Tax refunds -- VAT thresholds -- Administrative and procedural constraints of the VAT system -- Chapter 10: Investment promotion -- GhanaInvestment Promotion Centre -- The Ghana Free Zones.
................................... Chapter 1: General principles and background to the law of tax in Ghana: Introduction: Taxation as a concept -- Brief history of direct
9789988263157
2018354099
Taxation--Law and legislation--Ghana.
Tax administration and procedure--Ghana.
KRX2750.K863
Law of taxation in Ghana. / Benjamin Kunbuor, Abdallah Ali-Nakyea and William Kofi Owusu Demitia. - Fourth edition. - Ghana Type Publishers 2017 - xxiv, 368 pages ; 23 cm
Includes bibliographical references (pages 357-362).
Chapter 1: General principles and background to the law of tax in Ghana: Introduction: Taxation as a concept -- Brief history of direct taxation in Ghana -- Taxation as a legal concept in Ghana -- Classification of taxes -- A good tax system and equity rules -- Approaches to interpretation of tax status -- Income as a tax base -- Sources of tax law in Ghana -- Chapter 2: Imposition of tax on income in Ghana: Jurisdiction to income tax -- Systems of taxation -- Tax residence status -- Taxation income in Ghana -- Business (trade, profession or vocation) -- Other trade related activities -- Profession or vocation -- Employment -- Investment -- Chapter 3: Ascertainment of income in Ghana -- Special industries -- Public, mutual and non-profit causes -- Expenses generally allowable under Act 896 -- Expenses not allowable -- Chapter 4: Basis of computing assessable and chargeable income -- Computation of chargeable income -- Capital allowances -- Classes of depreciable assets --Rates of income tax -- Annual tax rates -- Monthly tax rates -- Temporary concessions -- Modified taxation -- Chapter 5: Realization: Realization under Act 592 -- Realization under Act 896 -- Determination of gain -- Consideration received -- Cost -- Realization with retention of asset -- Transfer of asset to spouse or former spouse -- Transfer of asset on death -- Transfer of asset to an associate or for no consideration -- Realization of asset with replacement asset -- Security , finance lease or instalment sale -- Realization by separation -- Realization of depreciable assets -- Chapter 6: Tax avoidanc and tax evasion: Approaches to tax avoidance -- The spirit and letter of the law -- Modern approach -- Anti-tax avoidance legislation -- tax evasion -- Tax clearance certificate -- Chapter 7: Tax administration: Adminstrative authority -- Ghana Revenue Authority -- Structure and features of the Ghana Revenue Authority -- Identification of tax officers -- Assistance of experts -- Assistance of officers of public bodies -- No remuneration for complying or assisting with tax laws -- Official secrecy -- Accepting security -- Taxpayers -- Tax Clearance Certificate (TCC) -- Use of TIN & TCC -- Cancellation, replacement or amendament of TIN or TCC -- Taxpayers's rights -- Access to information & audit -- Procedure in tax administration -- Tax returns -- Assessment to tax -- Authorized or defective documents -- Service of documents -- The courts and tax administration -- Collection of taxes -- Debts execution processes -- Reduction and refund of tax -- Practice notes -- Private or class rulings -- Chapter 8: International taxation: Permanent Establishment (PE) -- Tax treaties -- Chapter 9: Basic principles on Value AddedTax (VAT) in Ghana -- Why Ghana's 1995 VAT failed -- Legal framework -- Functions and organisation of the VATS -- Taxation procedure -- Flat rate scheme -- Tax exemptions and zero-rated supplies -- Tax refunds -- VAT thresholds -- Administrative and procedural constraints of the VAT system -- Chapter 10: Investment promotion -- GhanaInvestment Promotion Centre -- The Ghana Free Zones.
................................... Chapter 1: General principles and background to the law of tax in Ghana: Introduction: Taxation as a concept -- Brief history of direct
9789988263157
2018354099
Taxation--Law and legislation--Ghana.
Tax administration and procedure--Ghana.
KRX2750.K863