Ghana’s MSMEs face a profound policy paradox: while tax reforms at the national level have been unprecedented in ambition, the fragmented and opaque regulatory enforcement at the municipal level constitutes a “hidden tax” far more lethal than nominal tax rates. Whatever relief the reforms offer is consumed by compliance costs long before it reaches the […]
Ghana’s MSMEs face a profound policy paradox: while tax reforms at the national level have been unprecedented in ambition, the fragmented and opaque regulatory enforcement at the municipal level constitutes a “hidden tax” far more lethal than nominal tax rates. Whatever relief the reforms offer is consumed by compliance costs long before it reaches the […]
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Source: MyJoyOnline
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