Prof Stephen Kwaku Asare, otherwise known as Kwaku Azar, has urged the government to look into tax avoidance, tax evasion and tax exemption for the lost taxes of the country and not Mobile Money (Momo). Kwaku Azar on his Facebook timeline wrote, “the problem is not that most Ghanafuo (Ghanaians) do not pay taxes. The problem is that most Ghanafuo who should be paying taxes are not doing so, unlawfully, and in some cases are even being exempted from doing so. But that is not a good reason to be looking there for our lost tax revenues. He added that the 1.75% tax is also to enhance financial inclusion and protect the vulnerable in the country.

Source: GhanaWeb February 07, 2022 07:29 UTC