Question Tag: Global income
- 5 Marks
AT – March 2023 – L3 – Q3a – International taxation
Evaluate the taxation of global income of Ghanaian businesses in accordance with the Income Tax Act, 2015 (Act 896).
Question
In an ICAG taxation lecture, the class captain said he read an article from the internet that states, “Ghanaian business entities which conduct businesses across the globe are subject to tax in Ghana.”
This statement ignited a debate in the class. Your class lecturer walked into the classroom to witness this argument and decided to show interest in the topic. He has asked that the class should take up the issue as a class assignment.
Required:
Evaluate this statement in the light of the Income Tax Act, 2015 (Act 896).
Find Related Questions by Tags, levels, etc.
- Tags: Corporate Taxation, Global income, Tax residency
- Level: Level 3
- Topic: International taxation
- Series: MAR 2023
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- 5 Marks
AT – March 2023 – L3 – Q3a – International taxation
Evaluate the taxation of global income of Ghanaian businesses in accordance with the Income Tax Act, 2015 (Act 896).
Question
In an ICAG taxation lecture, the class captain said he read an article from the internet that states, “Ghanaian business entities which conduct businesses across the globe are subject to tax in Ghana.”
This statement ignited a debate in the class. Your class lecturer walked into the classroom to witness this argument and decided to show interest in the topic. He has asked that the class should take up the issue as a class assignment.
Required:
Evaluate this statement in the light of the Income Tax Act, 2015 (Act 896).
Find Related Questions by Tags, levels, etc.
- Tags: Corporate Taxation, Global income, Tax residency
- Level: Level 3
- Topic: International taxation
- Series: MAR 2023