- 2 Marks
Question
Section 7(m) of the Income Tax Act, 2015 (Act 896) as amended indicates that “the income of an individual from employment in the public service of the government of a foreign country in Ghana is exempt from tax.”
Required:
Identify FOUR (4) conditions for granting such an exemption.
(2 marks)
Answer
The income of an individual from employment in the public service of the government of a foreign country is tax-exempt under the following conditions:
- The individual is either a non-resident or resident in the country solely by reason of performing that employment.
- The individual does not exercise any other employment or carry on business in the country.
- The income is payable from the public funds of the foreign country.
- The income is subject to tax in the foreign country.
- Tags: Foreign Government, Public Service Employment, Tax exemption, Tax Laws
- Level: Level 3
- Topic: International taxation
- Series: MAY 2019
- Uploader: Cheoli