Chief Justice hints of establishment of a tax court in Accra

The Chief justice has hinted of plans to establish a tax court to deal with the prosecutions of tax cases in the country.

Ghextractives.com has cited a letter addressed to the Ghana Bar Association seeking the input of members of the GBA on the proposed tax court.

Although the date for the commencement of the court has not been given yet, Ghextractives.com is learning the court will be located at the criminal division of the appeal court, within the Supreme court building.

Below is the Letter

GRA sets revenue target of GHC60 billion for 2021

Meanwhile, the Ghana Revenue Authority has set a target of GHC60 billion as its revenue target for 2021 despite the raging impact of the COVID-19 pandemic.

Commissioner General of the GRA said the authority has mapped out strategies to ensure it meets the ambitious target for this year.

The Authority in January  exceeded its revised revenue target for 2020 after mobilising about GH₵ 45,338.69 million, the acting commissioner general Amishaddai Owusu-Amoah has announced.

It  was expected to collect total tax revenue of GH₵ 47,253.95 million for the 2020 fiscal year. This represented 7.6% growth over the actual tax revenue collections of GH₵ 43,907.12 million for the 2019 fiscal year.

However, as a result of the impact of COVID-19 global pandemic, the budget was revised to GH₵ 42,769.50 million.

Fred Dzakpata

Gh Extractives

Ghextractives.com is an independent multimedia portal that seeks to provide credible information and news content to readers especially players in the extractive sector in Ghana, Africa and beyond. It also provides a unique platform for players in the energy sector to market their products and reach a wider audience

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