Question 1

The government has been trying to introduce taxes in Ghana to support the current COVID 19 treatment process, discuss the different types of taxes you would recommend to the finance minister to take care of such situations, what would be the challenges likely to be faced by the government in tax collection and what medium would you suggest to be used in raising a tax target of 100 million cediss in a period of lockdown?

Also The government has been putting in place measures to curb tax fraud and tax avoidance, discuss in detail how an entrepreneur would be successful in engaging in moonlighting and what would be the effect of the moonlighting on the volume of tax in the case of a sachet producing company.

And Explain the process and methods you would include ensuring that you identify taxpayers and educate them on the need to pay their taxes and the punitive measure to be meted out on them in case they default, using moonlighting as a scenario in the case of Covid 19. Total = [25]