Proportional Tax

POT – Mar 2025 – L2 – Q1- Ghana Tax Structure

Explain the nature of Ghana's tax structure with examples focusing on tax classification and calculation methods.

Question

a) Tax imposes a burden on the tax payer. The type and nature of the burden depends on the tax structure that is being used in a jurisdiction. Ghana’s case is no different.

Required: Explain the nature of Ghana’s Tax Structure with applicable examples.

b) The Ghana Revenue Authority has recently made some major tax reforms in its tax administration efforts. These, by and large, have created convenience to the tax paying community.

Required:

i) State FOUR areas that would usually need tax reforms.

ii) State SIX reforms that have been made to tax administration in Ghana over the years.

Answer

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Tags: Direct Tax, Ghana tax system, Indirect Tax, Progressive Tax, Proportional Tax, Regressive Tax, Tax Structure
Level: Level 2

Topic: Tax Classificatio
Series: MAR 2025

TAX – May 2019 – L2 – Q7a – Introduction to Taxation

Explain key tax terminologies to help Mr. Adele understand business-related taxes.

Question

Mr. Adele has just retired from the public service and is trying to venture into business. He is, however, concerned about the taxes that may affect his new business. As the tax consultant to Mr. Adele, he wants you to explain some terminologies to enable him to have a better understanding of them.

Required:

Explain the following:

(i) Proportional tax and progressive tax (2 Marks)
(ii) Direct tax and indirect tax (2 Marks)
(iii) Statute laws and case laws (2 Marks)
(iv) Franked investment income (3 Marks)
(v) Taxes collectible by local governments (4 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Case Law, Direct Tax, Franked Investment Income, Indirect Tax, Local Government Taxes, Progressive Tax, Proportional Tax, Statute Law
Level: Level 2

Topic: Introduction to Taxation, The Nigerian Tax System
Series: MAY 2019

PT – Mar 2024 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy

Explain the features that distinguish progressive, proportional, and regressive taxes.

Question

A tax may be described in a number of ways based on the relationship between income earned by a person and the tax rate applicable to that income. Again, an important feature of a tax system is the percentage of the tax burden relative to income or consumption, thus, the terms progressive, proportional, and regressive are used to describe the way the rate of tax progresses from low to high; from high to low or proportionally.

Required:
In relation to the scenario above, explain progressive, proportional, and regressive taxes, stating the main features that distinguish them. (5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Income Tax, Progressive Tax, Proportional Tax, Regressive Tax, Tax Types
Level: Level 2

Topic: Overview of the Ghanaian Tax System and Fiscal Policy
Series: MAR 2024

POT – Mar 2025 – L2 – Q1- Ghana Tax Structure

Explain the nature of Ghana's tax structure with examples focusing on tax classification and calculation methods.

Question

a) Tax imposes a burden on the tax payer. The type and nature of the burden depends on the tax structure that is being used in a jurisdiction. Ghana’s case is no different.

Required: Explain the nature of Ghana’s Tax Structure with applicable examples.

b) The Ghana Revenue Authority has recently made some major tax reforms in its tax administration efforts. These, by and large, have created convenience to the tax paying community.

Required:

i) State FOUR areas that would usually need tax reforms.

ii) State SIX reforms that have been made to tax administration in Ghana over the years.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Direct Tax, Ghana tax system, Indirect Tax, Progressive Tax, Proportional Tax, Regressive Tax, Tax Structure
Level: Level 2

Topic: Tax Classificatio
Series: MAR 2025

TAX – May 2019 – L2 – Q7a – Introduction to Taxation

Explain key tax terminologies to help Mr. Adele understand business-related taxes.

Question

Required:

Explain the following:

Answer

Find Related Questions by Tags, levels, etc.

Tags: Case Law, Direct Tax, Franked Investment Income, Indirect Tax, Local Government Taxes, Progressive Tax, Proportional Tax, Statute Law
Level: Level 2

Topic: Introduction to Taxation, The Nigerian Tax System
Series: MAY 2019

PT – Mar 2024 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy

Explain the features that distinguish progressive, proportional, and regressive taxes.

Question

Required:
In relation to the scenario above, explain progressive, proportional, and regressive taxes, stating the main features that distinguish them. (5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Income Tax, Progressive Tax, Proportional Tax, Regressive Tax, Tax Types
Level: Level 2

Topic: Overview of the Ghanaian Tax System and Fiscal Policy
Series: MAR 2024

Question Tag: Proportional Tax

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POT – Mar 2025 – L2 – Q1- Ghana Tax Structure

Explain the nature of Ghana's tax structure with examples focusing on tax classification and calculation methods.

TAX – May 2019 – L2 – Q7a – Introduction to Taxation

Explain key tax terminologies to help Mr. Adele understand business-related taxes.

PT – Mar 2024 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy

Explain the features that distinguish progressive, proportional, and regressive taxes.

POT – Mar 2025 – L2 – Q1- Ghana Tax Structure

Explain the nature of Ghana's tax structure with examples focusing on tax classification and calculation methods.

TAX – May 2019 – L2 – Q7a – Introduction to Taxation

Explain key tax terminologies to help Mr. Adele understand business-related taxes.

PT – Mar 2024 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy

Explain the features that distinguish progressive, proportional, and regressive taxes.

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POT – Mar 2025 – L2 – Q1- Ghana Tax Structure

Explain the nature of Ghana's tax structure with examples focusing on tax classification and calculation methods.

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TAX – May 2019 – L2 – Q7a – Introduction to Taxation

Explain key tax terminologies to help Mr. Adele understand business-related taxes.

You're reporting an error for "TAX – May 2019 – L2 – Q7a – Introduction to Taxation"

PT – Mar 2024 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy

Explain the features that distinguish progressive, proportional, and regressive taxes.

You're reporting an error for "PT – Mar 2024 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy"

POT – Mar 2025 – L2 – Q1- Ghana Tax Structure

Explain the nature of Ghana's tax structure with examples focusing on tax classification and calculation methods.

You're reporting an error for "POT – Mar 2025 – L2 – Q1- Ghana Tax Structure"

TAX – May 2019 – L2 – Q7a – Introduction to Taxation

Explain key tax terminologies to help Mr. Adele understand business-related taxes.

You're reporting an error for "TAX – May 2019 – L2 – Q7a – Introduction to Taxation"

PT – Mar 2024 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy

Explain the features that distinguish progressive, proportional, and regressive taxes.

You're reporting an error for "PT – Mar 2024 – L2 – Q1b – Overview of the Ghanaian Tax System and Fiscal Policy"

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