FLASHBACK: GRA explains why mining firm gifting two helicopters to KNUST must pay taxes

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• Mr bones 1 year ago

  Taxes upon taxes but yet nothing to show for it ! If the government can't do it and a private company does it too , NPP have a problem! Just like millions of dollars Worth of donated drugs for hospitals in the North are left ...
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  Taxes upon taxes but yet nothing to show for it ! If the government can't do it and a private company does it too , NPP have a problem! Just like millions of dollars Worth of donated drugs for hospitals in the North are left at the tema port for years ! I regret voting for this useless npp

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• YOU'RE A FOOL 1 year ago

  Instead of reading the whole article and learn the law you chose to display your foolishness here. Kwasia what money do you expect to be used to develop the country? Siatow

  Instead of reading the whole article and learn the law you chose to display your foolishness here. Kwasia what money do you expect to be used to develop the country? Siatow

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• Wack players 1 year ago

  The mining company should send it back. Fooolish G R A ,what do we do with our taxes?

  The mining company should send it back. Fooolish G R A ,what do we do with our taxes?

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• Hmm 1 year ago

  What if it was two cars? What makes the copters so special?

  What if it was two cars? What makes the copters so special?

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• Wack players 1 year ago

  Government has failed to provide the university with helicopters and mining company is gifting them some and Government wants to tax them for the gift?.f00liish leaders,. Most of our taxes ends up in the pocket of the polit ...
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  Government has failed to provide the university with helicopters and mining company is gifting them some and Government wants to tax them for the gift?.f00liish leaders,. Most of our taxes ends up in the pocket of the politicians. The mining company should send the helicopters back, nonsense

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• Tyrant Addo 1 year ago

  So what exactly is the university going to do with a helicopter. For those who understand tax avoidance or tax evation on this occasion, we can see that the company is arranging it's affairs to gain a tax advantage. The rules ...
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  So what exactly is the university going to do with a helicopter. For those who understand tax avoidance or tax evation on this occasion, we can see that the company is arranging it's affairs to gain a tax advantage. The rules say they must remove the equipment from the country after usage in order to get the tax exemption but when they factor in transport cost plus residual value of the helicopter they find it cheaper to gift it. The asset no longer qualifies for the tax waiver so the company must pay the taxes. If the mining company takes back the helicopter it would in my opinion prove a possible tax evation scheme therefore criminal

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