Author Archives: Collins Boateng

When Is Your Foreign Business Taxable in Ghana?

Your foreign business is taxable in Ghana when you have a permanent establishment in Ghana. When an entity does business across borders, it must deal with how the countries in which it operates will tax the income it makes. Countries regulate the right to tax through Double Tax Agreements (DTAs). To tax a foreign entity, […]

Maintenance Expense Limits – Things Need to Change

How Ghana tax laws undermine capital creation and private sector growth: The case of maintenance expenses. On January 1st, 2016 Act 896 of the Income Tax Act 2015 came into effect, superseding Act 592 of the Internal Revenue Act 2000. Act 896 made significant changes to the rules for deducting repairs and maintenance expenses. In […]