The Ghana Investment Promotion Centre (GIPC) in its second-quarter CEOs Breakfast Meeting scheduled for Tuesday, May 25, 2021, will be facilitating discussions on Ghana’s tax and exemptions regime among key stakeholders such as the Bank of Ghana (BoG) and the Ghana Revenue Authority (GRA).
The event themed Understanding Ghana’s Tax and Exemptions Regime Towards Increasing Investor Confidence in the Business Environment, will give a breakdown of the country’s tax system to aid investors make informed decisions.
The event is also to educate investors about the many tax incentives they can leverage on.
Since the introduction of tax reforms in 1983, Ghana’s tax system has seen significant improvement, consequently doubling the tax-to-GDP (Gross Domestic Product) ratio.
The tax regime, which is characterized by many incentives and exemptions, has engineered an enabling environment for many businesses, both local and foreign, to thrive.
However, to align with current happenings, the Chief Executive Officer (CEO) of the GIPC, Yofi Grant has stressed on the need for stakeholder engagements, to engender conversations on improving the current tax system.
He further reiterated the essence of identifying barriers and streamlining processes, in order to enhance operations and reinvestment opportunities for all
investors in the country.
The upcoming 2nd Quarter GIPC ‘Ghana on the Go’ CEOs’ breakfast meeting will be the second of four breakfast sessions that will be organized by the Centre on pressing topics of interest to the Ghanaian and Foreign investor alike.
The business community and other interested persons can participate in the event via the GIPC’sonline platforms (@ghanagipc on Facebook, @gipcghana on Twitter, Instagram, LinkedIn and YouTube) from 9:30 am on May 25, 2021.
