Taxing private universities unethical - Sam Okudzeto

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cha 10 years ago

they are only good at taxing condoms etc

they are only good at taxing condoms etc
Dr. Tawiah. USA 10 years ago

THE PRIVATE UNIVERSITIES ARE NOT FREE. THEY ARE IN BUISNESS TO MAKE PROFIT. THEY HAVE TO PAY TAXES LIKE ALL BUSINESSES.

THE PRIVATE UNIVERSITIES ARE NOT FREE. THEY ARE IN BUISNESS TO MAKE PROFIT. THEY HAVE TO PAY TAXES LIKE ALL BUSINESSES.
Sheikh 10 years ago

I agree with Dr Tawiah, These universities are profit making schools. Yes, they MUST pay taxes.

I agree with Dr Tawiah, These universities are profit making schools. Yes, they MUST pay taxes.
HolyGhost 10 years ago

It seems in Ghana any idiot who has access to the media can just spew garbage at will , what does this illitrate lawyer knows about taxes. Is better to shut up than make fool of yourself

It seems in Ghana any idiot who has access to the media can just spew garbage at will , what does this illitrate lawyer knows about taxes. Is better to shut up than make fool of yourself
pink sheet president 10 years ago

HG,
I do agree with you 100%.
That lawyer is ignorant.

HG,
I do agree with you 100%.
That lawyer is ignorant.
OZA 10 years ago

If the NDC government is taxing condoms, what makes you think they wont tax private universities. They would even tax mothers for carrying their babies on their back. That's how ridiculous they are.

If the NDC government is taxing condoms, what makes you think they wont tax private universities. They would even tax mothers for carrying their babies on their back. That's how ridiculous they are.
Yesuba 10 years ago

Dr Tawiah, re: Talking about commonsense, please note, well run private profit making enterprises "do not pay taxes" their clients and customers do! So Taxing private universities in effect means taxing students that go to th ...
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Dr Tawiah, re: Talking about commonsense, please note, well run private profit making enterprises "do not pay taxes" their clients and customers do! So Taxing private universities in effect means taxing students that go to those private institutions because those private Universities will definately pass on the "profit tax" in the form of higher fees. In effect if you are not smart or lucky to get into a government funded university in Ghana,you will have to pay the government indirectly to get a University Education. This is inherent in the warning Ablakwa, that NDC loud mouth Deputy Education Minister gave recently that not everyone should go to University.

The irony is if one braves the limits of the financial burden to complete a university education and secures a better paying job, then one will be expected to pay income taxes like every citizen. Under a corruption scaldals plague government like NDC the monies would be stolen (GYEEDA and Judgement debts). For all who care to know, profit making enterprises are just fudiciaries for government tax colletion efforts. Also they charge their expenses and cost of doing business to the enterprise thus reducing the amount of taxes they pay... living on the charity of citizens. It is INDIVIDUALS that pay taxes not profit making institutions (BUSINESSES). Taxing educational institutions is a bad government policy. WE must not delude ourself. Coroprate tax is a deluision to appease people.

We must have an opened minded debate on higher education in Ghana and to set its quality standards and funding regime as are done in advanced societies including Cuba.

THIS NDC GOVERNMENT LACKS STRATEGIC VISION AND COMMONSENSE AND IDEAS.
abu 10 years ago

WHAT ETHICS IS THIS SENILE OLD MAN TALKING ABOUT,GIVE US A BREAK AFTER YOUR DISGRACEFUL CONDUCT, SHAME Hooooooooooooooo, shameless oldman

WHAT ETHICS IS THIS SENILE OLD MAN TALKING ABOUT,GIVE US A BREAK AFTER YOUR DISGRACEFUL CONDUCT, SHAME Hooooooooooooooo, shameless oldman
Zoobie-Zoobie 10 years ago

why is he senile? Trash the message not the person. Thanks!

why is he senile? Trash the message not the person. Thanks!
nppsuporter 10 years ago

In all developed economy in Europe , USA and others, private universities are business who are profit making entities and they all pay taxes.Govt should collect the taxes and buy Ambulances for Ministry of Health and all scho ...
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In all developed economy in Europe , USA and others, private universities are business who are profit making entities and they all pay taxes.Govt should collect the taxes and buy Ambulances for Ministry of Health and all schools, fire stations and hospitals.
WILLIAM 10 years ago

You should understand where he is coming from, fighting for his little corner foregetting it is part of a whole nation!!!

You should understand where he is coming from, fighting for his little corner foregetting it is part of a whole nation!!!
Concerned citizen we.i 10 years ago

Just wondering what he meant by "ethical". Ahhhhh

Just wondering what he meant by "ethical". Ahhhhh
KOSSI 10 years ago

CAN'T THIS BRAINLESS GUY GIVE GHANAIANS A BREAK FROM HIS COMMENTS ON NATIONAL AFFAIRS? AFTER MESSING UP HIMSELF IN THAT PEACE CONFERENCE HE STILL WOULD NOT SHUT UP.

CAN'T THIS BRAINLESS GUY GIVE GHANAIANS A BREAK FROM HIS COMMENTS ON NATIONAL AFFAIRS? AFTER MESSING UP HIMSELF IN THAT PEACE CONFERENCE HE STILL WOULD NOT SHUT UP.
Ken Ntiamoa 10 years ago

Kossi

The man is right. It is a very bad idea to tax private universities in Ghana.
Ghana needs more universities to prepare the youth for an expanding economy. Taxing them will not only increase school fees but will also ...
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Kossi

The man is right. It is a very bad idea to tax private universities in Ghana.
Ghana needs more universities to prepare the youth for an expanding economy. Taxing them will not only increase school fees but will also dry up new ventures in private universities. If the Government doesn't want the competition, they should just say so, instead of hiding behind taxation to stall the emergence of more private universities.

I doubt if the Govt alone can meet the demand anyway. More money going into public universities means less money for other things.

Ken
KWADWO A 10 years ago

You see one thing wrong with Ghanaians is they do not ask for explanations before leaping into certain affairs just like Sam Okudzeto just portrayed. Private institutions are there to make money and the government is just ask ...
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You see one thing wrong with Ghanaians is they do not ask for explanations before leaping into certain affairs just like Sam Okudzeto just portrayed. Private institutions are there to make money and the government is just asking them to pay taxes on the PROFIT they make but not on the money they are collecting from the students. If you file your taxes at the end of the year and if you run a loss there is no tax to pay but if you make a profit you only pay the taxes on the profit, just like any other company does. How do we expect the country to grow if everyone does not want to pay their fare share to help the economy grow? We all expect the government to go around the world begging for money to help build our own economy and infrastructure? It does not make sense. Charity begins at home.
GHFUO, BE SERIOUS NOT PRIDEFUL! 10 years ago

IF YOU DONT WANT TO PAY TAXES ON THE TUITION THE SCHOOL MAKES.THEN ALLOW ALL GH KIDDIES TO ENROLL FOR FREE. CHOOSE 1.....

IF YOU DONT WANT TO PAY TAXES ON THE TUITION THE SCHOOL MAKES.THEN ALLOW ALL GH KIDDIES TO ENROLL FOR FREE. CHOOSE 1.....
Seth, UK 10 years ago

Gentleman, just scroll down and read something I have for you beneath under 'Dodgy Leaders'

Gentleman, just scroll down and read something I have for you beneath under 'Dodgy Leaders'
Osuo_Abrobuor 10 years ago

Ken
Just beacuse the govt is unable to provide enough hospitals/polyclinics to cater for the health needs of all Ghanaians does not mean private health care facilities should be exempted from paying tax,does it?
look at the ...
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Ken
Just beacuse the govt is unable to provide enough hospitals/polyclinics to cater for the health needs of all Ghanaians does not mean private health care facilities should be exempted from paying tax,does it?
look at the number of these institutions that have sprung up in past decade,the kind of fees they are charging compared to publicly-owned institutions,the profit margins being enjoyed by these outfits, and tell me why they should continue to rake in such monopoly profits!
Listen, are`nt we hearing these same lame excuses from the telecos about they having to pass on any additional tax burden to customers if the govt slaps any additional taxes on them?
And you call many of these 'profit-making' assembly line facilities universities?
That old political hack,Sam Okudzeto,has already lost credibility with the good people of Ghana. Nobody should take him serious!
Concerned citizen we.i 10 years ago

Kwaku, this is another partisan statement, you don't mean it.

Kwaku, this is another partisan statement, you don't mean it.
Zoobie-Zoobie 10 years ago

why is he brainless? Trash the message not the person. Thanks!

why is he brainless? Trash the message not the person. Thanks!
Samy 10 years ago

I pray this does not happen,God have mercy on the poor.

I pray this does not happen,God have mercy on the poor.
chamcham 10 years ago

Well said, our Learned Lawyer. The govt should look elsewhere to collect tax for supporting the ailing economy. Pleas back off from Private universities, Mr. President.If the country is cash strapped, this is not the way to g ...
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Well said, our Learned Lawyer. The govt should look elsewhere to collect tax for supporting the ailing economy. Pleas back off from Private universities, Mr. President.If the country is cash strapped, this is not the way to go to sustain the economy!!
Dr. Tawiah. USA 10 years ago

THEY ARE A PROFIT MAKING BUSINESS. THEY HAVE TO PAY TAXES LIKE ALL BUSINESSES.

THEY ARE A PROFIT MAKING BUSINESS. THEY HAVE TO PAY TAXES LIKE ALL BUSINESSES.
GHFUO, BE SERIOUS NOT PRIDEFUL! 10 years ago

SOMEONE TELL THIS OLUMAN TO GO N PREPARE HIS WILL. THE PRESBY UNIVERSITY WILL PAY TAXES BCOS IT IS A PRO PROFIT ESTABLISHMENT THAT SOLICTS TUITION FROM STUDENTS. WHY DONT U ALLOW KIDS TO SCHOOL FOR FREE? THE CHURCH OR CHARITI ...
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SOMEONE TELL THIS OLUMAN TO GO N PREPARE HIS WILL. THE PRESBY UNIVERSITY WILL PAY TAXES BCOS IT IS A PRO PROFIT ESTABLISHMENT THAT SOLICTS TUITION FROM STUDENTS. WHY DONT U ALLOW KIDS TO SCHOOL FOR FREE? THE CHURCH OR CHARITIES ARE DIFFERENT BCOS THEY ARE NOT FOR PROFIT ESTABLISHMENTS. U SEE HOW GREEDY THIS OLUMAN IS. IM SURE HE EVEN CLAIMS BRIBES TO THROW AWAY LEGAL CASES. THE PRESBY CHURCH IS EXEMPTED FORM TAXES TO THE STATE. SO WHY SHOULD THE SCHOOL BE EXEMPTED FROM TAXES? HE IS ONLY SAYING THIS BCOS TAXES WILL MEAN LESS SALARY FOR HIM AND HIS COUNCIL CRONIES
bretuo ba yaw 10 years ago

does they collect the school fees for free...he speaking nonsense

does they collect the school fees for free...he speaking nonsense
K.K. 10 years ago

Are private universities or profit or not? If for profit, then they need to pay taxes just like private businesses.

Are private universities or profit or not? If for profit, then they need to pay taxes just like private businesses.
Papa 10 years ago

OTABIL AND CO ARE MAKING UNREASONABLE PROFITS. TAX THEM PAAAAAAAAAAAA

OTABIL AND CO ARE MAKING UNREASONABLE PROFITS. TAX THEM PAAAAAAAAAAAA
Nana Nkansah 10 years ago

they have to pay taxes. poor watchmen pay taxes. tax them like everyone else.

they have to pay taxes. poor watchmen pay taxes. tax them like everyone else.
Ataa 10 years ago

Ok so is this a loop hole that they are using..."According to him, most of the private Universities are registered by guarantee and not as limited liabilities and so they are not profit-making organisations to be taxed". True ...
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Ok so is this a loop hole that they are using..."According to him, most of the private Universities are registered by guarantee and not as limited liabilities and so they are not profit-making organisations to be taxed". True? Not a profit making venture? Ok they should present annual financial reports to the GRA to determine whether or not it's a not for profit organization. If it is, what have they been doing with their profits. No one is accountable in Ghana this is why people are getting away with stuff. I understand that private universities bridge the gap that governments have not been able to fill. Education is a must up to basic education. If they pass these taxes on to students, only the rich will go to school. What happens to the poor who do not have the financial backbone to continue? At the mercy of friends and family members? That is just not right!.
atomic 10 years ago

..."According to him, most of the private Universities are registered by guarantee and not as limited liabilities and so they are not profit-making organisations to be taxed". Well the tax is a tax on profit, so if they dont ...
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..."According to him, most of the private Universities are registered by guarantee and not as limited liabilities and so they are not profit-making organisations to be taxed". Well the tax is a tax on profit, so if they dont make any profit they dont pay any taxes. finito
NPP KWASEAFUO PARTY 10 years ago

NPP fucking fools.

NPP fucking fools.
KOLIKO 10 years ago

THIS IS ONE OF THE OLD FOOLS WE HAVE IN THE VOLTA REGION.THE PRIVATE VARSITIES MAKE MONEY AND MUST THEREFORE PAY TAXES JUST AS ANY OTHER ENTITY.PERIOD

THIS IS ONE OF THE OLD FOOLS WE HAVE IN THE VOLTA REGION.THE PRIVATE VARSITIES MAKE MONEY AND MUST THEREFORE PAY TAXES JUST AS ANY OTHER ENTITY.PERIOD
Zoobie-Zoobie 10 years ago

why is he a fool? Trash the message not the person. Thanks!

why is he a fool? Trash the message not the person. Thanks!
BRAVEBOY 10 years ago

HEY! I NEVER SAID IT. THIS SLOGAN IS THE NEW SLOGAN COMING FROM DR. KWAME AMOAKO- TUFFUOR, AN NPP CO-FOUNDER.

HEY! I NEVER SAID IT. THIS SLOGAN IS THE NEW SLOGAN COMING FROM DR. KWAME AMOAKO- TUFFUOR, AN NPP CO-FOUNDER.
PAUL AFFUL 10 years ago

NDC JUST GO AHEAD AND TAX OUR UNIVERSITIES AND GIVE THE CASH TO GYEEDA AND SADA TO CHOP NYAFUNYAFU......ide biiiii keke...

NDC JUST GO AHEAD AND TAX OUR UNIVERSITIES AND GIVE THE CASH TO GYEEDA AND SADA TO CHOP NYAFUNYAFU......ide biiiii keke...
GREAT NANA ANTWI 10 years ago

ARE YOU IN NEED OF A FAST POWERFULL SPIRITUALIST?THEN GO TO greatnananpowerfullspiritualist.blogspot.com

ARE YOU IN NEED OF A FAST POWERFULL SPIRITUALIST?THEN GO TO greatnananpowerfullspiritualist.blogspot.com
Ken Mensah 10 years ago

THESE GUY IS TALKING TO PROTECT HIS INTEREST. UNIVERSITIES ALL OVER, EVEN IN THE DEVELOPED COUNTRIES PAY TAXES..EVERYTHING IN GHANA IS POLITICS AND SELFISHNESS..

THESE GUY IS TALKING TO PROTECT HIS INTEREST. UNIVERSITIES ALL OVER, EVEN IN THE DEVELOPED COUNTRIES PAY TAXES..EVERYTHING IN GHANA IS POLITICS AND SELFISHNESS..
BBC NEWS!!!!!!!!!! 10 years ago

The concern citizens of Ghanaians abroad such as America, Canada, London, Germany, Italy, Australia and Holland, is appealing to the highest court of our country to throw the petitioners foolish and diabolical case that is ha ...
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The concern citizens of Ghanaians abroad such as America, Canada, London, Germany, Italy, Australia and Holland, is appealing to the highest court of our country to throw the petitioners foolish and diabolical case that is hanging on mother Ghana's Neck through the nearest Windows for Ghana to move forward.
AGBELI KUMORDZI 10 years ago

DEMOCRACY WHEN YOU MAKE MONEY YOU
PAY THE TAX PERIOD

DEMOCRACY WHEN YOU MAKE MONEY YOU
PAY THE TAX PERIOD
Seth, UK 10 years ago

Why can't we face facts head on? Mr Okudzeto has final betrayed the insidious and dodgy thoughts of these private unis/colleges who register by guarantee and not as limited liability companies only to rip off the State of the ...
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Why can't we face facts head on? Mr Okudzeto has final betrayed the insidious and dodgy thoughts of these private unis/colleges who register by guarantee and not as limited liability companies only to rip off the State of the legal revenue the state is entitled to. Strikingly, most of these unis belong to religious organisations who should have practiced what they preach. Look some of them have their sources of investment/finance from basically free church monies where no interest are paid to church members. The govt simply says pay taxes on profits so therefore if you really do not make profists, why grumble? These same people would complain about the state not providing infrastructures, basic utilities, social amenities and benefits, etc where will the monies come from? Do religious vehicles who engage in commercial activities not paying required road taxes and insurances? In any case, especially the religious ones if they really want to step in the gap to help the state should not charge 'high fees' because they are by principle of the same registration by guarantee charities who should know better than dodging taxes. Common sense should halt all these unnecessary debates. Fine, if they claim to need the profits to expand, in that case govt will regulate by prioritising where the monies should be invested for the benefits of all Ghanaians other than ending up in some peoples pockets. Lets be honest, is Mr Okudzeto voluneering for free in his position as council chairman for the Presby University? I bet you countrymen, the profits acquired through exorbitant fees are used to pay these topmen that's why they are crying foul.
Osabere kotoko 10 years ago

Yes, tax the profits of private universities. Private schools in ghana pay tax

Yes, tax the profits of private universities. Private schools in ghana pay tax
BEN 10 years ago

THIS MAN IS VERY IRRELEVANT NOW- GO HOME

THIS MAN IS VERY IRRELEVANT NOW- GO HOME
GENERAL DeGAULE 10 years ago

Corporate tax is paid on profits. So if they don't make profit then there will be nothing to be taxed but at least the private universities will be required to submit their annual financial statements to the tax authorities. ...
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Corporate tax is paid on profits. So if they don't make profit then there will be nothing to be taxed but at least the private universities will be required to submit their annual financial statements to the tax authorities. That would ensure probity and accountability. The tax regime include all kinds of mechanisms such as TAX RELIEFS to lessen the burden.
Abrewa_Nana 10 years ago

With the Ghanaian public, and thus should remove himself from any public discourse. And it is also about time that reporters realized that this constant reference to him being the former president of the GBA is pointless. He ...
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With the Ghanaian public, and thus should remove himself from any public discourse. And it is also about time that reporters realized that this constant reference to him being the former president of the GBA is pointless. He could just as well have been a fmr. CJ, his voice has lost resonance!
nppsuporter 10 years ago

In all developed economy in Europe , USA and others, private universities are business who are profit making entities and they all pay taxes.

In all developed economy in Europe , USA and others, private universities are business who are profit making entities and they all pay taxes.
KWAA 10 years ago

Government can`t provide enough primary schools,let alone Universities and people who are prepared to help us out,are now going to be chased out of business.
Ofcourse Private Universities are doing business and they need to ...
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Government can`t provide enough primary schools,let alone Universities and people who are prepared to help us out,are now going to be chased out of business.
Ofcourse Private Universities are doing business and they need to be taxed on their profits,but what we need to ask ourselves is, how important are they to society?In my view,they are very important,and as long as Government can`t provide enough Unversities we need for our children,i think they(Universities)should be exmapted from taxes.
How are many foreign Companies are being exampted from taxes in Ghana,even though we benefit very little from these foreign Companies.
NDC is just toying with the future of this nation,by trying to squeeze out private Universities out of business.
They are refusing to introduce free education,atleast at the Basic level and they are attacking Private Universities.
All they want is to keep the people dumb,so they can keep on winning elections,but do they know the damage they are doing to this Nation?
lorna torronto canada 10 years ago

are the fees free? don't they charge more than the gorverment universities?

are the fees free? don't they charge more than the gorverment universities?
Joe Baffoei 10 years ago

Are Churches also going. To pay Tax? Churches should pay taxes for they make more money than schools.

Are Churches also going. To pay Tax? Churches should pay taxes for they make more money than schools.
father 10 years ago

Do lawyer Okudzeto want tell me those universities do not charge student

Do lawyer Okudzeto want tell me those universities do not charge student
OSEI AKOTO JUSTICE (USA). 10 years ago

STUPID NPP MAKE NOISE ABOUT EVERY THING.THEY ARE DOING BUSINESS AND THEY ARE MAKING MONEY, SO WHY SHOULD THEY BE EXEMTED FROM PAYING TAX? THIS IS COMMON SENSE, STUPID ASHANTI RATS.

STUPID NPP MAKE NOISE ABOUT EVERY THING.THEY ARE DOING BUSINESS AND THEY ARE MAKING MONEY, SO WHY SHOULD THEY BE EXEMTED FROM PAYING TAX? THIS IS COMMON SENSE, STUPID ASHANTI RATS.
OBURUMANKUMA 10 years ago

the world has changed...everybody and everything needs to be taxed....The public roads around these schools need to be maintained with public funds..

the world has changed...everybody and everything needs to be taxed....The public roads around these schools need to be maintained with public funds..
Mankind 10 years ago

This learned man is full of wisdom, knowledge and common sense. All Clubs Associations, Churches, Schools and Colleges(Universities) Museums, Libraries, etc. are EXEMPT from Taxes; in all countries that apply the Western civi ...
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This learned man is full of wisdom, knowledge and common sense. All Clubs Associations, Churches, Schools and Colleges(Universities) Museums, Libraries, etc. are EXEMPT from Taxes; in all countries that apply the Western civilization system of taxation.
The unfortunate thing is that Sam comes from across the river, where they all belong to the NDC.

Taxing private universities unethical - Sam Okudzeto

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