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Business News of Thursday, 23 November 2017

Source: starrfmonline.com

Business of churches to be taxed – Government

File photo : The Mega Church File photo : The Mega Church

Government has served notice that it is planning on taxing “commercial activities” of churches in the country.

This was made known Thursday, November 23, 2017, by Godfred Yeboah Dame, a deputy Attorney-General arguing that the move was necessary because such activities fall out of the legal remit of the churches’ operation across the country.

There has been a long-standing debate over whether or not government should tax churches with some asking for churches to be robed into the tax net.

Speaking on the side of a roundtable discussion organized by the Kingdom Equip Network, the deputy Attorney General said the time is now to put the old age debate to bed by slapping taxes on nonreligious activities of churches.

“It is only in respect of activities which are charitable that churches are exempted from taxation. So, even the current law in the country…warrants that we tax them [churches] for activities which are commercial or bother on trading or business,” he elucidated further.