Mahama illegally granted Dzata Cement tax waivers – Majority

Facebook
Twitter
LinkedIn
WhatsApp
Telegram
Email

The Majority Caucus in Parliament has leveled allegations against the previous administration led by Mahama, claiming it unlawfully provided tax exemptions to Dzata Cement, a cement producer.

The Caucus contends that ex-President John Dramani Mahama, via executive powers, classified certain companies, including Dzata Cement, as key investors, granting them tax reliefs without the necessary Parliamentary consent.

Addressing the press in Accra on Thursday, May 30, Majority Leader Alexander Afenyo-Markin called on the Minority Caucus to back the current government’s initiative to propel economic industrialisation by giving tax breaks to businesses within the framework of the One District, One Factory initiative.

“Dzata Cement was a company that benefitted from this unconstitutional and illegal tax incentives but we all know that by the imperative of the [1992] Constitution, it is only Parliament that can impose tax or waive taxation but some actions of the executive under certain rule of necessity, Dzata Cement was granted a tax waiver and we did not complain because we were told that Dzata Cement was a strategic investor.”

Share this post :

Facebook
Twitter
LinkedIn
WhatsApp
Telegram
Email