Which statutory agency manages revenue collection, including direct taxes and customs duties, in Ghana?
Answer and explanation
Correct answer: B. The Ghana Revenue Authority (GRA)
- Step 1: The GRA was established by the Ghana Revenue Authority Act 2009 (Act 791). Step 2. It integrated the former IRS, CEPS, and VAT Service into a unified revenue administration. Answer: The Ghana Revenue Authority (GRA). Why not the others: Bank of Ghana is the central bank regulating monetary policy; Ministry of Trade sets trade policy; FIC monitors money laundering.
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