The management of ABS Inc., a United States based Company, is considering the possibility of launching its presence in Ghana and it is not too sure of the tax implication of the following in the light of the tax laws of Ghana: 

a. It is considering making its presence through incorporation in Ghana or create an external company that is a Permanent Establishment (Branch) instead. 

b. It intends to acquire all its non-current assets through finance lease as against buying the assets outright when it makes its presence in Ghana. 

c. It intends to bring some staff from the United States to work in Ghana who will be paid half salary in Ghana and the other half paid directly to their accounts in the United States as against paying their full salary in Ghana. 

d. Management intends to acquire shares in many companies in Ghana as part of efforts to create value for shareholders through dividend receipts as against granting loans to interested companies in Ghana if it is unable to make its presence in Ghana. 

Required: 

Evaluate the above policy interventions and advise on the tax implication on each one of them to enable management of ABS Inc. take a decision on them.

Answer rating: 100% (QA)

ANSWER B It intends to acquire all its noncurrent assets through finance lease as against buying the ... View the full answer