Addel Resources Ltd. is a mining company operating in the Alpha mine and Omega mine in Ghana. Alpha mine share a processing plant with Omega mine, and both mines commenced commercial production in 2016. At the close of business on December 31, 2016, Addel Resources Ltd. acquired 10% exploration and production rights in the Sunset mine which is production mine for GH¢20,000,000.

The highlights of 2016 revenue and expenditure disclosed in tax returns filed by Addel Resources Ltd. Include the following:

Revenuue    GHC

Gross income from its operation in 2016 250,000,000

Hedging Income 3,000,000

Interest Income 1,000,000

Consideration realized from the sales of assets 800,000

Gross Dividend from a resident company in which it has 30% voting rights 200,000

Total Revenue 255,000,000

Expenses include the following:

Reconnaissance & Prospecting Cost (Alpha Mine) 45,000,000

Reconnaissance & Prospecting Cost (Omega Mine) 35,000,000

Depreciation 12,000,000

Exploration & Production Rights (Sunset Mine) 20,000,000

Expenses on Hedging transactions   5,000,000

Cost of the assets sold 300,000

Administration Expenses 10,000,000

Profit before tax 100,000,000

Additional Information:

Income Tax Rate for companies 25%

Mineral Income Tax Rate 35%

Mineral Royalty Rate 5%

Capital Allowance Rate 20% on straight line basis

Dividend Withholding Tax Rate 8%

Interest Withholding Tax Rate   8%

Capital Gains Tax 15%

Required:

Compute the tax liability for each tax type that Addel Resources Ltd will be liable to pay in 2016.