Ghana Risks Further Revenue Losses: Experts Advocate for Tech-Driven Tax Reforms
Ghana faces escalating revenue losses due to systemic tax leakages and inefficiencies. Experts at the recent National Dialogue emphasized the urgent need for technology-driven reforms to enhance tax collection and broaden the tax base. Background At the National Dialogue on "Tackling Tax Revenue Leakages in Ghana," held on April 23, 2025, stakeholders from academia, industry, and government convened to address the persistent challenges in Ghana's tax system. The consensus was clear: without significant reforms, Ghana risks continued revenue shortfalls that could hinder national development efforts. Expert Insights Abigail Maame Esi Mensah, Manager of Business Tax Advisory at Ernst & Young, highlighted the challenges posed by the informal economy. She noted that the lack of an integrated tax system makes it difficult to incorporate informal sector actors into the tax net. Additionally, she pointed out that practices like related-party transactions and […]