Oil firms still don't pay corporate tax

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Kodwo 11 years ago

....."The budget, meanwhile, made another corporate tax projection of GHC107, 812,193 for 2013 (the third time in a row), but was silent on why oil firms were not pressed to pay corporate taxes for 2011 and 2012 and when the ...
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....."The budget, meanwhile, made another corporate tax projection of GHC107, 812,193 for 2013 (the third time in a row), but was silent on why oil firms were not pressed to pay corporate taxes for 2011 and 2012 and when the taxes are likely to accrue the state".

CAN SOMEONE, PLEASE EXPLAIN TO GHANAIANS WHY OUR "LEADERS" ENCOURAGE FOREIGN COMPANIES TO DEFRAUD OUR NATION? I JUST CANNOT UNDERSTAND IT. WHAT FINANCIAL OR OTHER BENEFITS DO THEY GET FROM SUCH PRACTICES? HOW UNPATRIOTIC!
Sankofa 11 years ago

The failure of foreign companies to fulfil their tax obligations is a scandal.

They exploit all the loopholes in the law to evade tax. This is why we must prepare contracts with the utmost care.

For now MOFEP and GRA mu ...
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The failure of foreign companies to fulfil their tax obligations is a scandal.

They exploit all the loopholes in the law to evade tax. This is why we must prepare contracts with the utmost care.

For now MOFEP and GRA must ask the oil companies to pay corporate tax, and scrutinize their books to ensure that the country is not being duped. We must impress upon them that we need this money for development projects.
Abeeku Mensah 11 years ago

Where are those hooting and tooting Kufour era intellectuals in Ghana and in the Diaspora who wanted to crown Kufour as the second coming of Christ? Let these clowns and educated but intellectually inferior Ghanaians, put it ...
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Where are those hooting and tooting Kufour era intellectuals in Ghana and in the Diaspora who wanted to crown Kufour as the second coming of Christ? Let these clowns and educated but intellectually inferior Ghanaians, put it Kufour and the EO group aided by a dumb and dumber Ghanaian legislators brought oil to Ghana so while our oil is shipped out Ghana continues to ration electricity and scramble for gas to power vehicles. We continue to live in dangerous times thus while others bleed to secure a better future for their respective nations, we perspire to entrust our thought processes in the hand of thieves, vagabonds and vandals as our leaders to strip the land bare.
Wonders never cease 11 years ago

It is standard corporate and tax practise for a company to offset it's tax liabilty against initial development costs.
If this were not the case an oil company would never be able to repay the billions of dollars that they r ...
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It is standard corporate and tax practise for a company to offset it's tax liabilty against initial development costs.
If this were not the case an oil company would never be able to repay the billions of dollars that they raised from private investors to develop the oil field in the first place.
I suspect that this is what is happening here.
CV 11 years ago

Farmer defiles three-and-a-half year old baby

Last Updated: Friday, 12 March 2010,

A circuit court at Nsawam on Thursday remanded into prison custody Francis Kwadjo [alias Efo Kwadjo], a 44-year-old farmer at Djankrom ...
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Farmer defiles three-and-a-half year old baby

Last Updated: Friday, 12 March 2010,

A circuit court at Nsawam on Thursday remanded into prison custody Francis Kwadjo [alias Efo Kwadjo], a 44-year-old farmer at Djankrom, a suburb of Nsawam, for defiling a three-and-a-half year old girl.

Kwadjo, who pleaded not guilty to the charge of defilement, would reappear on March 25.

Police Inspector Alex Cosmos told the Court presided over by Madam Myres Tennifer that the mother of the girl left her in the care of a tenant and went to work on Monday, March 8.

The Prosecution said that Kwadjo, who lived in the same house with the Complainant, lured the girl into his room and defiled her when the tenant left the house.

Insp. Cosmos said the tenant later saw the baby lying on the bed of the accused with seamen on her private part and blood all over her body.

The Prosecution said the Police arrested Kwadjo when he attempted to run away.

A medical report indicated that the girl was defiled.
CV 11 years ago

Man jailed for defiling 11 year-old girl

»Aflao (V/R), Jan. 26, GNA - The Aflao Circuit Court has sentenced Koshie Awumey, 36, a farmer to 16
years in jail for defiling an 11-year old girl.

Awumey pleaded not gui ...
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Man jailed for defiling 11 year-old girl

»Aflao (V/R), Jan. 26, GNA - The Aflao Circuit Court has sentenced Koshie Awumey, 36, a farmer to 16
years in jail for defiling an 11-year old girl.

Awumey pleaded not guilty.

Mr Stephen Wuni, Detective Police Inspector at Aflao, told the court presided over by Mr Francis Obiri that Awumey lived at Zuime-Toko while the victim, a basic school pupil, lives with her parents at Gbugbla-Toko near Aflao.

He said on December 26 last year the victim, accompanied by her four-year old sister, went to harvest coconut from her father’s plantation nearby.

Awumey, who was passing by, requested for one coconut and insisted that the victim came down from the coconut tree to give him the coconut even though some coconuts were under the tree.

He said as soon as the the victim got down Awumey pulled her into a nearby bush, tore her panties which was the only attire on her, and defiled her.

Mr Wuni said the wailing of the victim’s sister attracted a witness whose cottage was nearby but Awumey fled when the (witness) approached.

He said the witness informed the victim’s father and a search party by the community members found Awumey hiding in a thicket and he was arrested.

Man, 43, jailed 17 years for defilement

« »Kumasi, Jan. 21, GNA – Christopher Vuulob alias “Gyambora” , a 43-year-old laundryman has been sentenced to 17 years imprisonment by a Kumasi Circuit Court for defiling a 5-year-old girl.

He pleaded guilty to the crime.

Police Chief Inspector James Amekah told the Court presided over by Justice Rita Agyemang Budu that both the convict and the victim live at Atasomanso and that the aunty of the girl left for work on December 31, 2011, and returned home at about 1400 hours only to be told by a co-tenant that blood was found oozing out of her niece’s private parts in her absence.

The prosecution said upon questioning the victim told the aunty how Vuulob had lured her into his room and sexually abused her.

A formal report was therefore made to the Ashanti Regional Office of the Domestic Violence and Victims’ Support Unit (DOVVSU) leading to his arrest and confession. Police Chief Inspector Amekah said a medical report signed by doctors who attended to her confirmed that she had been defiled.

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»Aflao (V/R), Jan. 26, GNA - The Aflao Circuit Court has sentenced Koshie Awumey, 36, a farmer to 16 years in jail for defiling an 11-year old girl.

Awumey pleaded not guilty.

Mr Stephen Wuni, Detective Police Inspector at Aflao, told the court presided over by Mr Francis Obiri that Awumey lived at Zuime-Toko while the victim, a basic school pupil, lives with her parents at Gbugbla-Toko near Aflao.

He said on December 26 last year the victim, accompanied by her four-year old sister, went to harvest coconut from her father’s plantation nearby.

Awumey, who was passing by, requested for one coconut and insisted that the victim came down from the coconut tree to give him the coconut even though some coconuts were under the tree.

He said as soon as the the victim got down Awumey pulled her into a nearby bush, tore her panties which was the only attire on her, and defiled her.

Mr Wuni said the wailing of the victim’s sister attracted a witness whose cottage was nearby but Awumey fled when the (witness) approached.

He said the witness informed the victim’s father and a search party by the community members found Awumey hiding in a thicket and he was arrested.

Oil firms still don't pay corporate tax

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