Economic Seminar Tax 2 Takoradi

Mr. Aidoo noted that the integration of the Internal Revenue Service and the VAT Service into the Ghana Revenue Authority is a one-stop service to taxpayers because it saves time, resources as it speeds up the process of doing business in the country.

He said every good governance system goes with taxation and in that direction, the government would do all it could to support revenue agencies to rake in more revenue for development.

Mr. Aidoo said empowering the Chartered Institute of Taxation, Ghana, to certify tax professionals in the country would help in the socio-economic development drive of the country.

"Backing the Institute of Taxation by law would go a long way to assist government and taxpayers in resolving issues relating to taxation matters, he said.

In a welcome address, Mr. James Nyantakyi, Western Regional Director of the Domestic Tax Revenue Department of GRA, said the main objective of the tax reforms is to create a modern revenue authority.

He said the reforms are to bring the GRA at par with similar organizations in other African countries, which are responsible for raising revenue to meet public expenditure, safeguarding society's welfare and promoting economic growth.