A tax waiver of 13.3 million dollars has been tabled before Parliament to cover the importation of the cars for Members of Parliament and Council of State Members.
The figure is in addition to the loan being facilitated by the government for the purchase of cars for Members of Parliament and Council of State members.
This is in spite of the fact that the MPs and the Council of State members are paying only forty percent of the loan being facilitated through the National Investment Bank for the purchase of the cars.
The Council of State members are getting $3.5 million, whereas the 275 MPs are getting $28 million, of which each MP is expected to receive $100,000, recommendations made by the Finance Committee of Parliament has suggested.
The document was laid on the floor of Parliament by the Minister for Chieftaincy and Religious Affairs, Ebenezer Kojo Kum, on behalf of the Finance Minister, Mr. Ken Ofori-Atta on Wednesday, July 14, 2021.
“Request for waiver of the Import Duty, Import GETFund Levy, Import NHIL, Import VAT, EXIM levy, COVID-19 Recovery Levy, Special Import Levy, ECOWAS Levy, AU Levy, Inspection Fees, and Withholding Tax (ITS Tax Deposit) amounting to the Ghana Cedi equivalent of thirteen million, three hundred and eighty-seven thousand, five hundred United States Dollars (US$13,387,500.00) on vehicles to be procured for Members of Parliament of the Eighth Parliament of Ghana (2021-2024) and the Members of the Eighth Council of State (2022-2024)”
By: Rainbowradioonline.com
