Foreign Banks In Britain Pay Fraction of Tax Rate

Some of the biggest foreign investment and commercial banks operating in Britain paid an average tax rate of just 6 percent on the billions of dollars of profits they made in the country last year, a Reuters analysis of regulatory filings shows. That is less than a third of Britain’s corporate rate of 20 percent. … Read more

Take Steps To Address Issues Affecting Local Businesses. GUTA To Akufo-Addo

The President of the Ghana Union of Traders’ Association (GUTA), Nana Barima Ofori Ameyaw I, has expressed hope that a government under the leadership of Nana Addo Dankwa Akufo-Addo would take steps to address concerns militating against the flourishing of local businesses. Some of the concerns, as he listed on behalf of GUTA, included the … Read more