Question Tag: Taxable Activities

i) A taxable activity means an activity which is carried on by a person (a) in Ghana, or (b) partly in Ghana, whether or not for a monetary profit, that involves or is intended to involve, in whole or in part, the supply of goods or services to another person for consideration. (1 mark)

ii) Examples of taxable activities include:

• An activity of a local authority or unincorporated association or body that involves, in whole or in part, the supply of goods or services to another person for consideration.
• The processing of data or supply of information or similar service.
• The supply of staff.
• The acceptance of a wager or stake in any form of betting or gaming, including gaming machines.
• The making of gifts or loans of goods.
• The leasing or letting of goods on hire.
• The appropriation of goods or services for personal use or consumption by the taxable person or by any other person.
• The sale, transfer, assignment, or licensing of patents, copyrights, trademarks, computer software, and other proprietary information.
• The export of non-traditional products.