Ghana Co-operative Credit Unions Association Limited

Co-Operative Credit Unions Demand Tax Exemption

Co-Operative Credit Unions Demand Tax Exemption

The Ghana Co-operative Credit Unions Association Limited wants the government to exempt them from paying taxes. Its Board Chairman, Dr Bernard Bingab, said at the 55th-anniversary of the Ghana Co-operative Credit Unions Association at Koforidua in the Eastern region that if done, the investments of credit unions would be protected. Dr Bingab said: "One of my biggest appeals to our government is tax exemptions for co-operatives". "Almost all African countries exempt co-operatives from tax. In recent years the Ghana Revenue Authority has clamped down on credit unions asking some to pay as high as one million cedis. Mr. Minister this…
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