• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Expert casts doubt on Ghana’s solo tax plan for global tech giants

1 year ago
in Business, Features, highlights, Home, home-news, latest News, Social Media, Technology
1 min read
0 0
0
91
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Ghana’s Banks not Lending Enough to Sectors That Matter Most

Luxury Tourism is a Risky Strategy for African Economies, New Study Says

IMF Isn’t Doing Enough to Support Africa; Billions Could Be Made Available Through Special Drawing Rights

Expert casts doubt on Ghana’s solo tax plan for global tech giants

Tax consultant Francis Timore Boi, has expressed skepticism about the Government’s plan to tax major global tech companies such as Google, YouTube, X, and Facebook.

During the 3i Summit in Accra, the Minister for Communication and Digitalisation, Ursula Owusu Ekuful, announced that a draft policy to tax these tech giants has been completed.

She noted that even though these companies might not have physical offices in Ghana, they generate substantial income from the country through their content.

However, Mr. Timore Boi believes that it would be impractical for individual African countries to create tax laws that compel global tech giants based outside the continent to pay taxes.

He advised that the Government of Ghana should collaborate with other African nations to develop a comprehensive policy that would effectively enforce such taxes.

“If you look at the draft bill, you need to ascertain the global revenue of these global tech companies. You need to ascertain the revenue of Facebook, YouTube, X which are not in your country but located in the United States. You will even need technical capabilities and a lot of cooperation is needed. I don’t foresee this happening,” he explained.

Mr. Timore Boi emphasized that while there is a valid argument for African countries to demand taxes from global tech firms, it should be done in a way that leaves no room for these companies to evade payment.

He highlighted that a coordinated approach among African countries would be more effective than individual efforts, stressing that Ghana’s solitary attempt might not achieve the desired results.

He also pointed out that a review of the financials of such companies indicates that African countries could potentially generate significant revenue from their operations.

Thus, a unified approach would have a substantial impact on revenue mobilization, given the increasing digital engagement across the continent.

Tags: and Facebook.Expert casts doubt on Ghana’s solo tax plan for global tech giantsGhana urged to seek continental collaboration on taxation of global tech giantsGoogleXYouTube
No Result
View All Result

Highlights

FirstBank Ghana Commits GHS 200,000 to Community Projects Under 2025 CR&S Week

African Development Bank President Ould Tah Tackles Financial Reform in Push for Development

OSP Invites DVLA CEO Over Alleged GHS 4m Bribery Attempt Linked to Digital Vehicle Plate Rollout

Standard Chartered Zambia Signs Agreement to Sell Wealth & Retail Banking Business to First National Bank Zambia

Vinicius Jr. Apologizes for Clásico Outburst, Leaves Out Coach Alonso

Rabat Set to Host African World Cup Playoffs Next Month

Trending

Business

Ghana’s Banks not Lending Enough to Sectors That Matter Most

October 29, 2025

Ghana’s Banks not Lending Enough to Sectors That Matter Most Bank lending is a major source of...

Luxury Tourism is a Risky Strategy for African Economies, New Study Says

October 29, 2025

IMF Isn’t Doing Enough to Support Africa; Billions Could Be Made Available Through Special Drawing Rights

October 29, 2025

FirstBank Ghana Commits GHS 200,000 to Community Projects Under 2025 CR&S Week

October 29, 2025

African Development Bank President Ould Tah Tackles Financial Reform in Push for Development

October 29, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.