GRA outlines taxes for resident individuals in Ghana

by Mawuli
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Source: newsthemegh.com

For tax purposes, the status of resident individuals has been made clear by the Ghana Revenue Authority (GRA).

The general public’s worries over the tax status of people who make income abroad and whether or not they are considered “resident individuals” for tax purposes under the tax rules are the basis for the clarification, according to the GRA.

Clarifying who counts as a resident individual for tax reasons is crucial, according to a statement from the GRA, given these worries.

The legal definition of a resident individual for tax purposes is grounded in the Income Tax Act 2015 (Act 896), Sections 3 (2) (a), 103, and 111.

Full Statement Below:

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