Revenue protection – NBC Institute

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)

Answer

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

AT – July 2023 – L3 – Q2b – Anti-avoidance measures

Discussing the key factors the Commissioner-General considers when evaluating price manipulation among connected persons.

Question

The Commissioner-General would review certain essential factors in an attempt to consider price differentials for possible adjustment in price to protect revenue when there is clear evidence to suggest price manipulation between and among connected persons.

Required:
Discuss FOUR (4) considerations the Commissioner-General may place reliance on as part of measures to be convinced that there is no price manipulation.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Connected persons, Price manipulation, Revenue protection, Transfer Pricing
Level: Level 3

Topic: Anti-avoidance measures
Series: JULY 2023

AT – Aug 2022 – L3 – Q1c – Tax administration in Ghana

Circumstances under which the Commissioner-General can re-characterise transactions to protect revenue.

Question

Required:
In accordance with the tax provision, under what circumstances will the Commissioner-General re-characterise any transaction?
(4 marks)

Answer

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

AT – July 2023 – L3 – Q2b – Anti-avoidance measures

Discussing the key factors the Commissioner-General considers when evaluating price manipulation among connected persons.

Question

Required:
Discuss FOUR (4) considerations the Commissioner-General may place reliance on as part of measures to be convinced that there is no price manipulation.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Connected persons, Price manipulation, Revenue protection, Transfer Pricing
Level: Level 3

Topic: Anti-avoidance measures
Series: JULY 2023

Question Tag: Revenue protection

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AT – Aug 2022 – L3 – Q1c – Tax administration in Ghana

Circumstances under which the Commissioner-General can re-characterise transactions to protect revenue.

AT – July 2023 – L3 – Q2b – Anti-avoidance measures

Discussing the key factors the Commissioner-General considers when evaluating price manipulation among connected persons.

AT – Aug 2022 – L3 – Q1c – Tax administration in Ghana

Circumstances under which the Commissioner-General can re-characterise transactions to protect revenue.

AT – July 2023 – L3 – Q2b – Anti-avoidance measures

Discussing the key factors the Commissioner-General considers when evaluating price manipulation among connected persons.

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Question Tag: Revenue protection

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AT – Aug 2022 – L3 – Q1c – Tax administration in Ghana

Circumstances under which the Commissioner-General can re-characterise transactions to protect revenue.

You're reporting an error for "AT – Aug 2022 – L3 – Q1c – Tax administration in Ghana"

AT – July 2023 – L3 – Q2b – Anti-avoidance measures

Discussing the key factors the Commissioner-General considers when evaluating price manipulation among connected persons.

You're reporting an error for "AT – July 2023 – L3 – Q2b – Anti-avoidance measures"

AT – Aug 2022 – L3 – Q1c – Tax administration in Ghana

Circumstances under which the Commissioner-General can re-characterise transactions to protect revenue.

You're reporting an error for "AT – Aug 2022 – L3 – Q1c – Tax administration in Ghana"

AT – July 2023 – L3 – Q2b – Anti-avoidance measures

Discussing the key factors the Commissioner-General considers when evaluating price manipulation among connected persons.

You're reporting an error for "AT – July 2023 – L3 – Q2b – Anti-avoidance measures"

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Customer

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