Ghana offers competitive incentives to investors such as tax holidays which could run for years. Companies in the real estate sector enjoy up to 5 years of tax holidays. We should change our foreign investment laws by giving investors options. If they want a tax holiday, they should not be made to repatriate their profits at least within the number of years they will enjoy tax holidays and vice versa,” he explained. Dr.Cantan also expressed doubt of a possible loss of FDIs should the country restructure its laws on foreign investments.
Source: GhanaWeb February 10, 2021 18:04 UTC