- 20 Marks
STP – Aug 2018 – L2 – Q4 – Tax Strategies for New Business Formation
Discuss tax implications of establishing a subsidiary, partnership, or branch for Urok Group in Ghana.
Question
(a). The majority shareholder and President of Urok Group of Companies intends to expand his business activities into West Africa. His initial enquiries show that Ghana is a suitable country for his investment. The investor has been informed that there are different tax treatments for the various forms of business organisations in Ghana. As a renowned tax consultant, the investor seeks your expert opinion on the tax implications of establishing following forms of business organisations:
I. A wholly subsidiary company (5 marks)
II. A Partnership (5 marks)
III. A Branch (5 marks)
(b). Which of the above forms of business organisations gives the least tax exposure on the investment Urok Group of Companies intends to make in Ghana.
Find Related Questions by Tags, levels, etc.
- Tags: Business Organizations, Partnership, Tax Efficiency, Tax Exposure
- Level: Level 2
- Topic: Tax Strategies for New Business Formation
- Series: AUG 2018