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/Users/User/Desktop/ACC%20461%20TAXATION%20AND%20FISCAL%20POLICY-%204-%20YR%20BACHELOR.pdf QUESTION TWO a. Tax administration in Ghana has seen a number of reforms since the 1940s, with the most recent being the integration of

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/Users/User/Desktop/ACC%20461%20TAXATION%20AND%20FISCAL%20POLICY-%204-%20YR%20BACHELOR.pdf QUESTION TWO a. Tax administration in Ghana has seen a number of reforms since the 1940s, with the most recent being the integration of the Revenue Agencies to an Authority to act as a one stop shop as per the Ghana Revenue Authority Act, 2009 (Act 791). Ghana Revenue Authority (GRA) is operated under three divisions namely, Domestic Revenue Tax, Custom and Support Service of which each of them play an important roles in mobilizing revenue to Government of Ghana. During each fiscal year, Ghana Revenue Authority generates taxes revenue using both Source based-taxation and Resident based-taxation methods. The Revenues below represent Tax generated by Commissioner General of Ghana Revenue Authority for 2019 year of assessment. Use it to answer the questions that follow. GH 000 Other International Trade Taxes 6,500 Excise duties 2,000 Valued Added Tax (VAT) 4,000 Import VAT 3,000 Property taxes 3,000 Vehicle Income Tax Stickers (VTS 2,000 Petroleum Taxes 1,200 National Health Insurance Levy 2,000 Capital Gain Taxes 7,000 Export and Import Duties 19,000 Excise Tax Stamps 3,000 Carate TAN 2 on /Users/User/Desktop/ACC%20461%20TAXATION%20AND%20FISCAL%20POLICY-%204-%20YR%20BACHELOR.pdf QUESTION TWO a. Tax administration in Ghana has seen a number of reforms since the 1940s, with the most recent being the integration of the Revenue Agencies to an Authority to act as a one stop shop as per the Ghana Revenue Authority Act, 2009 (Act 791). Ghana Revenue Authority (GRA) is operated under three divisions namely, Domestic Revenue Tax, Custom and Support Service of which each of them play an important roles in mobilizing revenue to Government of Ghana. During each fiscal year, Ghana Revenue Authority generates taxes revenue using both Source based-taxation and Resident based-taxation methods. The Revenues below represent Tax generated by Commissioner General of Ghana Revenue Authority for 2019 year of assessment. Use it to answer the questions that follow. GH 000 Other International Trade Taxes 6,500 Excise duties 2,000 Valued Added Tax (VAT) 4,000 Import VAT 3,000 Property taxes 3,000 Vehicle Income Tax Stickers (VTS 2,000 Petroleum Taxes 1,200 National Health Insurance Levy 2,000 Capital Gain Taxes 7,000 Export and Import Duties 19,000 Excise Tax Stamps 3,000 Carate TAN 2 on

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