Business News of Saturday, 8 August 2020Source: www.ghanaweb.comTelcos refute Ursula’s allegation that they under-declared taxes up to GH¢1.5bnTelcos say an allegation that they under-declared taxes up to GH¢1.5bn are falseMobile telecommunication industry players in Ghana have refuted a statement made on the floor of Parliament on Friday by Communications Minister, Ursula Owusu-Ekuful, that they under-declared taxes to the tune of GH¢1.5 billion. The Communications Minister told Parliament that Ghana has made savings of GH¢1.5 billion in under-declared taxes in the telecommunications sector since the implementation of the Common Platform (CP) managed by KelniGVG. She told Parliament on Friday, August 7, 2020, that the introduction of the common platform has uncovered that, before the introduction of the policy, GH¢470 million in taxes was lost from potential under-declarations by te existing five telcos between 2015 to the first quarter of 2017. Her revelations on the floor of Parliament were contained in her answers to various questions by MPs on the three-year deal. Read the full statement from the chamber below;Send your news stories to and via WhatsApp on +233 55 2699 625.

Source: GhanaWeb August 08, 2020 13:18 UTC