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INTRODUCTION

The Republic of Ghana is located in the sub-region of West Africa. Ghana is bordered by the Ivory Coast, Burkina Faso, Togo, the Gulf of Guinea and Atlantic Ocean.

Ghana is an emerging digital-based mixed economy with an increasing primary manufacturing and exportation of digital technology goods. The country's economy is also based on export of industrial minerals, agricultural products including cocoa, petroleum and natural gas as well as assembly and export of automobiles and ships.

Ghana’s currency is the Ghana cedi (GHS)

Abbreviations:

APA Advance Pricing Agreement
BEPS Base Erosion and Profit Shifting
CIT Corporate Income Tax
FTZ Free Trade Zone
GHS Ghana Cedi
GRA Ghana Revenue Authority
GSE Ghana Stock Exchange
NHIL National Health Insurance Levy
OECD Organization for Economic Co-operation and Development
PE Permanent Establishment
TP Transfer Pricing
USD United States Dollar
VAT Value Added Tax
WHT Withholding Tax