Tax Expert want Prostitutes in Ghana to Pay Tax

0
Some Teenage prostitutes in the Streets of Accra
Some Teenage prostitutes in the Streets of Accra

Prostitution may be an illegal venture in the country but its returns surely can be channeled to generate revenues to enhance the progress of the economy.

As many Ghanaians and the government eschew the practice, the missing item is whether they are supposed to pay tax or not.

Mr. Mike Kofi Afful, President of the West African Union of Tax Institutes which is under the auspices of the Economic Community of West African States (ECOWAS), has sought to enlighten the public about the tax obligations of prostitutes in the country.

According to Mr. Afful, commercial sex workers in the country are mandated to pay tax on their incomes and so, implored them to meet their obligations to the tax administrators.

Expounding his assertions on Radio Gold?s newspaper review Wednesday morning, he disclosed that ?Income from trade, profession, vocation is taxable?Prostitution is seen to be a crime under our laws but income from prostitution is taxable because prostitution is seen to be a vocation. So, income earned from prostitution is taxable.?

Source:Muntie.com

Send your news stories to newsghana101@gmail.com and via WhatsApp on +233 244244807 Follow News Ghana on Google News

LEAVE A REPLY

Please enter your comment!
Please enter your name here