Samia: Multinationals evading taxes

Read Article

Comments (38)

This article is closed for comments.

Read Comments Comments (38)

BAARABA 8 years ago

SINCE WHEN DID YOU KNOW THESE AND DID NOT WANT TO SAY?
IS IT NOW THAT YOU NEED POWER, THAT IS WHY ARE OUT WITH THIS ?

SINCE WHEN DID YOU KNOW THESE AND DID NOT WANT TO SAY?
IS IT NOW THAT YOU NEED POWER, THAT IS WHY ARE OUT WITH THIS ?
ATSU, HO 8 years ago

THESE ARE LABANESE AND ASIAN COMPANIES (INDIVIDUALS) WHO COME INTO THE COUNTRY WITH NOTHING BUT CONNIVE WITH STATE OFFICIAL TO REPATRIATE ILLEGALLY EARNED MONIES

THESE ARE LABANESE AND ASIAN COMPANIES (INDIVIDUALS) WHO COME INTO THE COUNTRY WITH NOTHING BUT CONNIVE WITH STATE OFFICIAL TO REPATRIATE ILLEGALLY EARNED MONIES
insight to the bone 8 years ago

Another loss that is facilitated through corruption , NDC must go

Another loss that is facilitated through corruption , NDC must go
William 8 years ago

EITHER YOU LOVE GHANA AND HELP US GET OUR MONEY BACK BY RELEASING THE INFO ON THE COMPANIES ALLEGEDLY BREAKING OUR LAWS OR YOU CONTINUE 'POLITRICKING' INTO OBLIVION.

EITHER YOU LOVE GHANA AND HELP US GET OUR MONEY BACK BY RELEASING THE INFO ON THE COMPANIES ALLEGEDLY BREAKING OUR LAWS OR YOU CONTINUE 'POLITRICKING' INTO OBLIVION.
Saint Ghfuo: FREE YOUR PSYCHE 8 years ago

THESE MULTI NATIONALS HAVE PAID OFF THE GOVT TO EVADE TAXES. POCKET THE BRIBE AND LET US REMAIN IN GH AND NOT PAY TAXES. I DONT UNDERSTAND WHY PPL WILL VOTE FOR NDC....SMH

THESE MULTI NATIONALS HAVE PAID OFF THE GOVT TO EVADE TAXES. POCKET THE BRIBE AND LET US REMAIN IN GH AND NOT PAY TAXES. I DONT UNDERSTAND WHY PPL WILL VOTE FOR NDC....SMH
PETER 8 years ago

SAMIA I WILL VOTE FOR YOU

SAMIA I WILL VOTE FOR YOU
Ebo Coomson 8 years ago

Can some one tell Samia that her dad Nkrumah started all Africa problems He has taught Africans that the best way to rule is one-party state, President for life without Vice President, tyranny, killing of political opponents ...
read full comment

Can some one tell Samia that her dad Nkrumah started all Africa problems He has taught Africans that the best way to rule is one-party state, President for life without Vice President, tyranny, killing of political opponents and all sorts of atrocities.

Just look at what is happening in Gambia, Burundi, Zinbabwe, Uganda, Togo and many African countries all because of Nkrumah bad example
United Ghana 8 years ago

What a thoughtless & ignorant comment. I suppose you'll blame him for boko Haram too.

What a thoughtless & ignorant comment. I suppose you'll blame him for boko Haram too.
james naru 8 years ago

This guy is stupid. Kwame Nkrumah did a lot for Ghana and Africa in general. Since his overthrown, Africa has been asleep.
I WILL VOTE FOR SAMIA BECAUSE SHE HAS NKRUMAHS IDEALS

This guy is stupid. Kwame Nkrumah did a lot for Ghana and Africa in general. Since his overthrown, Africa has been asleep.
I WILL VOTE FOR SAMIA BECAUSE SHE HAS NKRUMAHS IDEALS
Obiba 8 years ago

Ebo or whatever you call yourself China is a one party state & we're now their slaves

Ebo or whatever you call yourself China is a one party state & we're now their slaves
ekumfi akyen -Obamaland 8 years ago

Please stop the foolishness.Her father was a brutal dictator,so what? What has that got to do with her? Should she be held accountable for her father's follies,if any?
She is a citizen of Ghana and as such has every right un ...
read full comment

Please stop the foolishness.Her father was a brutal dictator,so what? What has that got to do with her? Should she be held accountable for her father's follies,if any?
She is a citizen of Ghana and as such has every right under the constitution to express and voice her opinion
So,take it or go to hell. You uneducated rag-ga-gggg-ga muf-mu-fff-fin tawt
Street hustler 8 years ago

Pple like Eno im sure benefits from these parties who dont care about Ghanaians.. Foolish Npp and Ndc

Pple like Eno im sure benefits from these parties who dont care about Ghanaians.. Foolish Npp and Ndc
Kwasipong 8 years ago

Senseless, irresponsible and idiotic post from you Ebo Coomson. Do you really understand what"brutal dictator" means?

Senseless, irresponsible and idiotic post from you Ebo Coomson. Do you really understand what"brutal dictator" means?
GHANANI 8 years ago

The NDC and the NPP are servants of the imperialist s and are serving their agenda for them.Ghana can only progress when these two parties are not ln power.

The NDC and the NPP are servants of the imperialist s and are serving their agenda for them.Ghana can only progress when these two parties are not ln power.
james naru 8 years ago

TRUE STATEMENT

TRUE STATEMENT
EBO-GHANA 8 years ago

dear Samia, you are so wrong, I agree with you that multinationals are not always paying taxes as much as they should. But that is not a Ghanaian but a global problem. Multinational companies are WITHIN every law always compa ...
read full comment

dear Samia, you are so wrong, I agree with you that multinationals are not always paying taxes as much as they should. But that is not a Ghanaian but a global problem. Multinational companies are WITHIN every law always comparing tax levels all around the world and thus avoid being over taxed. But as I stated within the international laws. That is a problem not only for small countries but also for the EU, the US and indeed small countries. I know personally that the largest multinationals in Ghana, hardly ever send profits out of the country, simply because African markets are growing and European and other markets are declining or growing at a much slower rate, so why send money out whilst there is a need to invest in the growing African markets?
Last but not least, please come with proof that these companies are not paying local taxes before you accuse well known and reputable companies who are paying a large part of all taxes received in Ghana. If you would check your facts you will come to the conclusion that multinational companies in Ghana are not only better tax payers but also investing more in staff education and in Corporate Social Responsibility programs (CSR)than indigenous owned companies
Nico van Staalduinen
Executive Director of the European Business Organisation in Ghana.
(and a Ghanaian citizen)
Isaac Kusi 8 years ago

In New York, there was a woman whose husband owned the empire state building. She said only little people paid taxes. She went to jail for evading 4 million dollars in taxes. She charged her personal expenses to her company i ...
read full comment

In New York, there was a woman whose husband owned the empire state building. She said only little people paid taxes. She went to jail for evading 4 million dollars in taxes. She charged her personal expenses to her company including house renovations. She died leaving $10 million to her dog.Leona Helmsley was her name.
Companies evade taxes in Ghana and other countries if they pay anything at all. We are talking about mining companies taking away our gold and enjoying free trade zone status and polluting our rivers as well. We are talking about Dr. Arpak, going after companies avoiding paying duty on their imported items stored in bonded warehouses. We are talking about giving 3% royalties to Ghana and taking the rest for yourselves. We are talking about The Profit Sharing Agreement in the oil sector which must replace the Ghana Hybrid Agreement. Yes there are a lot more. So if you go to a village and construct a public toilet, you stand on the hills and shout about Corporate Social responsibility to the community. Give us a break.
United Ghana 8 years ago

Good comment

Good comment
Kwasipong 8 years ago

Brovo. Very Good Isaac! I like that.

Brovo. Very Good Isaac! I like that.
United Ghana 8 years ago

Ebo, how can you say she's wrong when you agree that multinationals are not always paying as much taxes as they should?

Ebo, how can you say she's wrong when you agree that multinationals are not always paying as much taxes as they should?
Less Gov't is Better, USA 8 years ago

Ghana has become a country of high corporate taxes, corruption, no rule of law and socialist. The Gov't is in everything. Even China is moving away from Socialism. Keep socialism out for a prosperous and corruption free Ghan ...
read full comment

Ghana has become a country of high corporate taxes, corruption, no rule of law and socialist. The Gov't is in everything. Even China is moving away from Socialism. Keep socialism out for a prosperous and corruption free Ghana
SIMON 8 years ago

IT IS ABOUT TIME LEADERS IN GHANA SMARTEN UP. THIEVES AND COLLABORATORS LEAVING GHANA YOUTH DRY WITH ASIANS AND OTHER CORRUPTION DEVELOPED NATIONS STEALING GHANA'S WEALTH TIME WILL TELL.

IT IS ABOUT TIME LEADERS IN GHANA SMARTEN UP. THIEVES AND COLLABORATORS LEAVING GHANA YOUTH DRY WITH ASIANS AND OTHER CORRUPTION DEVELOPED NATIONS STEALING GHANA'S WEALTH TIME WILL TELL.
Zewuze 8 years ago

In fact, Samia is very right. This is being done with collaboration of tax collectors and their bosses. It was time we rise to have something done. Do you know a junior officer in the tax collection own two or more houses? It ...
read full comment

In fact, Samia is very right. This is being done with collaboration of tax collectors and their bosses. It was time we rise to have something done. Do you know a junior officer in the tax collection own two or more houses? It is outrageous. Please, men of authority, arise now
Aliu 8 years ago

Once again this old lady is disturbing my ears

Once again this old lady is disturbing my ears
jagadu 8 years ago

Pepenyi! She is more beautiful than your mama

Pepenyi! She is more beautiful than your mama
Komla Ganyo 8 years ago

Samia is right. It is sad that our so called tax specialists have kept quiet till now. I once sent an article to a member of parliament (an accountant) during the Kuffour regime but nothing came out of it. NOTE: The corporati ...
read full comment

Samia is right. It is sad that our so called tax specialists have kept quiet till now. I once sent an article to a member of parliament (an accountant) during the Kuffour regime but nothing came out of it. NOTE: The corporations do transfer their profits abroad through a mechanism in tax circles as "TRANSFER PRICING". Sadly enough, Ghana's Transfer Pricing policy(tax) is only one page long & the corporations abuse it at will. SOMETHING NEEDS TO BE DONE. Thank you Samia for starting the conversation.
blackbarnes 8 years ago

ARE YOU A DIPLOMA OR DEGREE HOLDER AND WANTS TO DO YOUR MSC OR MBA WITHIN ONE YEAR IN EUROPE(CAMPUS OR ONLINE),THE OPPORTUNITY IS HERE NOW!!!CONTACT ME FOR MORE INFORMATION!!!UPCOMING ADMISSION IS MARCH 2016
COURSES INCLUDE: ...
read full comment

ARE YOU A DIPLOMA OR DEGREE HOLDER AND WANTS TO DO YOUR MSC OR MBA WITHIN ONE YEAR IN EUROPE(CAMPUS OR ONLINE),THE OPPORTUNITY IS HERE NOW!!!CONTACT ME FOR MORE INFORMATION!!!UPCOMING ADMISSION IS MARCH 2016
COURSES INCLUDE:MASTER'S IN BUSINESS ADMINISTRATION,MASTERS DEGREE IN MARKETING AND COMMUNICATION,INTERNATIONAL HUMAN RESOURCES MANAGEMENT,POLITICAL MARKETING,MASTERS DEGREE IN ARTS AND CULTURE MANAGEMENT,MASTERS IN E-HEALTH MANAGEMENT !!!Whatsapp number 0033760279067(its not a scam)
Agbeli Kumordzi 8 years ago

Corrupt system in the government made that happens. If Ghanaians don't wake up and take over the gold field and the oil field generation Wil perished The Takoradi oil contract is a scam how can foreigners mining gold on our ...
read full comment

Corrupt system in the government made that happens. If Ghanaians don't wake up and take over the gold field and the oil field generation Wil perished The Takoradi oil contract is a scam how can foreigners mining gold on our own land making billions and government going round looking for loan to run Ghana
james naru 8 years ago

MY BROTHER I SHARE THE SAME SENTIMENTS WITH YOU

MY BROTHER I SHARE THE SAME SENTIMENTS WITH YOU
Conventional Youth 8 years ago

Thanks to the Johns for beefing up Neocolonialism in the name of Globalisation

Thanks to the Johns for beefing up Neocolonialism in the name of Globalisation
kwasiaddo 8 years ago

Multinationals expatriation of Profits.
We need you to make a difference. Call them all out.

Multinationals expatriation of Profits.
We need you to make a difference. Call them all out.
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 8 years ago

At least she has a message for Ghanaians.

Unlike Akufo Addo who said his 2016 resolution is to be president.

At least she has a message for Ghanaians.

Unlike Akufo Addo who said his 2016 resolution is to be president.
Paa Kwesi 8 years ago

She is the daughter of our first and beloved president. An Akan native who has vision not the clueless brainless ewe Rawlings who held us down for twenty plus years with Arab Gadhafi hopeless ideas and failed Castro stupidity ...
read full comment

She is the daughter of our first and beloved president. An Akan native who has vision not the clueless brainless ewe Rawlings who held us down for twenty plus years with Arab Gadhafi hopeless ideas and failed Castro stupidity. now the hopeless northern Muslims parading themselves as Christian marching us to the gallows up Samia Akan is behind you this nation will be great again with you as president.
KOFI DAGANI HAUSA 8 years ago

Thanks, Samia. But this is old news. Your dad wrote about it 40 years ago. What is new news that you may not know is this: 1) if you have a weak government that is dependent on the crumbs and largess of foreign governments, ...
read full comment

Thanks, Samia. But this is old news. Your dad wrote about it 40 years ago. What is new news that you may not know is this: 1) if you have a weak government that is dependent on the crumbs and largess of foreign governments, 2) if you have a corrupt system that is rigged, 3) if you have institutions that don't function, and finally, 4) if you have idiots who run your country, you will be victimized not only by multinationals, but by anyone who can wield influence and corrupt your citizenry to their advantage and for their own benefit. 1) So, the foreign governments who give aid will lobby for their multinational corporations to be given breaks; you can't deny it to them because they will cut off your aid (when it makes more sense to tax them and decline the cheap aid) 2) Your weak institutions can't collect the taxes because they don't have a fail-safe system, if any system at all, that cannot be gamed by more sophisticated and well-heeled operators; taxpayers will pay bribes to the tax collectors (much less than the taxes owed) to let their documents disappear, or more brazenly, to state that they've paid up. 3) Even the small time foreign traders/investors (Lebanese, Indians, etc) get away with things they can't get away with anywhere else. You have native businessmen (Banda, Panbros, Trassaco) who are equally culpable for the same tax evasion problem; and 4) the idiots who run the country don't have the technical know-how, sophistication, means, motives and balls to put in place an effective tax legislation and system to collect from everyone equally, so the burden is carried by the poor, voiceless and powerless joe blow. It is no different from sophisticated Wall Street titans like Goldman Sachs, Credit Suisse, Deutsche Bank, etc. overwhelming the under funded U.S. Securities and Exchange Commission with more money and smarter lawyers, and lobbyists who get Congress to give them tax breaks. The problem is that in Ghana, we have so much poverty the victimization is more immediate and felt more across the board by the system. So, yes, you are right, but the truth is no one wants to pay taxes, so if you have a weak enforcement mechanism where no taxpayer is ever held accountable for non-payment, what do you expect? ONLY A TRUE REVOLUTION WILL SOLVE THIS AND THE MYRIAD SOCIO-POLITICAL PROBLEMS WE FACE IN THIS COUNTRY.
Yakubu 8 years ago

Corruption money deprives us of more tax money. And did you pay taxes on the Italian money you brought to Ghana?

Corruption money deprives us of more tax money. And did you pay taxes on the Italian money you brought to Ghana?
KWABENA KASAPREKO. 8 years ago

Madam, Ghanaians judges have been exposed with their crimes. If you know of any misdeed by any organization(s), please, expose them. The crime that you are talking about is one of the most serious crimes against any nation. D ...
read full comment

Madam, Ghanaians judges have been exposed with their crimes. If you know of any misdeed by any organization(s), please, expose them. The crime that you are talking about is one of the most serious crimes against any nation. Do you remember when B. A. Mensah's tobacco factory had to be closed, because of tax evasion ? Please, if you know something, say something. We can't allow these companies into our land to come and milk us, whereas, one dare not do anything of the sort in the various countries of their origin. If you know something, bring it out. It will be of a great service to the nation.
Oldboy 8 years ago

Name the companies now

Name the companies now
Banda 8 years ago

Shut-up and find yourself a good husband. Also, declare your national identity, Egyptian or Ghanaian, you can't be a dual citizen and become president. Also, forget about the bogus communism that your father blindly followed ...
read full comment

Shut-up and find yourself a good husband. Also, declare your national identity, Egyptian or Ghanaian, you can't be a dual citizen and become president. Also, forget about the bogus communism that your father blindly followed till his grave. It never was a good idea, it was humiliating and self-serving agenda. It's dead and gone forever.

Samia: Multinationals evading taxes

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (38)

Read Comments Comments (38)