NEWS

Gov’t Laying 4 DTAs in a Day for Approval is Questionable-Minority


The Minority Members of Parliament(MPs), have questioned the laying of four (4) Double Taxation Agreements by the government for approval on the first day of Parliament resumption, saying the DTAs between Ghana and the Czech Republic, the Kingdom of Morocco, Mauritius and Singapore, which were laid in Parliament on Tuesday, May 14, 2018, raises an eyebrow and should be investigated.

Speaking to the media after the agreements had been laid in Parliament for approval, the Ranking Member on the Finance Committee and Minority Spokesperson on Finance, Hon. Cassiel Ato Forson, said the laying of the four DTAs in a day is something which has never happen in the history of Ghana’s Parliament.

The Minority, He said, was buffled and lost as to why this government should lay four DTAs in a day.

Though DTAs are for mutual benefits, this current DTAs, He indicated, has no sign of offering any benefits for Ghana, and might not help advance the cause of the country.

According to Hon. Forson, it was important for the government to establish the quantum of trade in the four countries as well as in Ghana before going into the agreement.

“The Minority would scrutinise the agreements, and if it turned out that the agreements were not in the interest of the people of Ghana, we would oppose them”. He stated.

The DTAs between Ghana and the Czech Republic, the Kingdom of Morocco, Mauritius and Singapore, are for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital gains.

 

Exclusively Newslinegh

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