Ghana can raise substantial additional domestic revenue by improving Value Added Tax and corporate income tax compliance, the Tax Justice Coalition-Ghana has said.
The Coalition said closing existing tax gaps could generate more revenue without introducing new taxes or increasing existing tax rates.
Mr Benedict Doh, National Coordinator of the Tax Justice Coalition-Ghana, said this in an exclusive interview with the Ghana News Agency.
Mr Doh, who also coordinates the Tax Justice Platform and works with Transparency International Ghana, said revenue mobilisation efforts should focus on broadening the tax base and improving compliance rather than imposing additional tax burdens on citizens and businesses.
“We have noticed from a number of our studies that tax gaps exist when it comes to VAT and corporate income tax. There are significant opportunities to mobilise more domestic resources through these tax handles,” he said.
Mr Doh said available studies indicated significant gaps with
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