- 4 Marks
AT – Aug 2022 – L3 – Q1c – Tax administration in Ghana
Circumstances under which the Commissioner-General can re-characterise transactions to protect revenue.
Question
In tax administration, the Commissioner-General has the mandate to protect revenue collected and collectible. As part of ensuring the protection of revenue, the Commissioner-General has the mandate to re-characterise or disregard any transaction that has the effect of eroding tax gains.
Required:
In accordance with the tax provision, under what circumstances will the Commissioner-General re-characterise any transaction?
(4 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Commissioner-General, Re-characterisation, Revenue protection, Tax avoidance
- Level: Level 3
- Topic: Tax administration in Ghana
- Series: AUG 2022
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