- 10 Marks
AT – Mar 2024 – L3 – Q2c – Business income – Corporate income tax
Evaluating the tax benefits of manufacturing ceramics using local and foreign materials versus importing finished ceramics.
Question
Talantula Ltd has engaged you as an ICAG final level candidate on the options that would provide enormous benefits to them and also to the government. The two options are:
- To manufacture ceramics using both local and foreign materials. The products will be sold locally and on the international market.
- To import finished ceramics for sale in Ghana.
Required:
Evaluate FIVE (5) tax benefits of either of the business options you will want them to associate with over the other.
Find Related Questions by Tags, levels, etc.
- Tags: Corporate Tax, Importation, Locational incentives, Manufacturing, Tax Benefits
- Level: Level 3
- Topic: Business income - Corporate income tax
- Series: MAR 2024
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