This book covers all principles and practice of taxation in Ghana. The book is current and straight to the point, devoid of any technical tax jargons. The cases and exercises at the end of each chapter capture the applications of the principles. Some of the cases are quite lengthy; particularly the style of examiners, the objectives is to expose users to both principles and dynamics of the practice of taxation as well as examination. The book is uniquely organised into five parts with eighteen chapters.

Part I focuses on general principles of taxation, and it is made up of four chapters. Part II discusses direct taxation and it covers five chapters: Chapter five focuses on employment income, chapter six discusses the forms of business organisation as per the Act 896 and discuss the advantages and disadvantages associated with each of the business form, while chapter seven explains the constituents of investment income, chapter eight deals with withholding of taxes on payments to resident and non-resident persons.

Part III is centred on indirect taxation, and covers customs and excise tax, value added tax and communication tax. Part IV focuses on Taxation for special industries and contains three chapters: taxation of natural resources, financial institutions and the realisation of gains and losses of assets and liabilities. The chapter realisation of assets and liabilities is written with the overriding aim of guiding students/readers through the provisions related to disposal of gains and loss under the Ghanaian Income Tax Act, 2015 (Act 896). The last part, Part V discusses tax planning and strategy, tax exemptions, concessions and personal reliefs. Research in taxation concludes the chapters. This book will be an ideal reading material for students studying taxation for degree courses or writing professional examinations in Ghana. Lecturers and Tax practitioners will find the book most valuable.

The author’s premonition turned right when he arrived in Kenya to find an organization torn-apart by internal/external politics, personality conflicts and without money. The three-year offer ended in less than a year.

– Paperback Edition