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- 3 Marks
Question
Mutumna Ltd is a manufacturer and invoiced goods valued at GH¢20,000,000 to Lamlam Ltd, a resident company located in the Western Region of Ghana. Lamlam Ltd has been appointed as a Value Added Tax Withholding Agent.
Required:
Compute the VAT withholding taxes.
(3 marks)
Answer
b)
(3 marks)
- Tags: Tax Agents, Tax Compliance, VAT, Withholding Taxes
- Level: Level 2
- Topic: Value-Added Tax (VAT)
- Series: MAY 2020
- Uploader: Cheoli