Income tax law a threat to Investment banking - Data Bank CEO
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This article is closed for comments.
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Hehe.
Come on guys, my understanding is that, the principal invested stays the same but the earnings(income) on it should be taxable. It's done everywhere.
Will dividends from treasury bills be taxed as well?
I guess yes since it is an investment. Trust me this will discourage me to investment my money. This money has already been taxed so why are you taxing it the second time.
So what will you do with your money? I hope you won't keep it under your mattress!
you can always rent it out to either farmers or build house to rent out...
And I laughed again. So many taxes yet we don't see anything relevant. Ghana for us all.
USA tax your saving but with low interest rates current small savers see no tax to be paid
INVESTMENT GAINS ARE TAXED ALL OVER. CHECK IT OUT. I MAY BE WRONG BUT THIS IS PRACTISED EVERYWHERE. IT IS NOT JUST IN GHANA.
this is very ridiculous, why should I be on my monthly income and then again be taxi on the little I have invest for the future. it unfair on the part of the gov't