COURSE: TAXATION

1. Can a tax system that fails to fulfil its primary objective effectively and efficiently achieve other objectives?

2. What are the things in the society whose provisions are traceable to taxation?

Can you List visible things established with tax revenue in Ghana?

3. a) Outline the Legal & Regulatory, Institutional & Administrative framework for taxation in Ghana.

b) Distinguish between the importance of Private Ruling and Practice Notes.

4. Using the four original principles of taxation and any other two, examine critically the relative goodness of P-A-Y-E Income Tax as against value added taxes (VAT) in Ghana.

5. Give any five (5) justifications for the integration of the THREE (3) institutions for Tax administration into Ghana Revenue Authority (GRA)?

6. Why do you think almost all countries including both developing and developed nations apply Progressive instead of Proportionate or Regressive Tax Structures?