Income Tax Regulations, 2016 (LI 2244)

The Income Tax Regulations, 2016 (LI 2244) provides detailed procedural guidelines and interpretations for implementing the Income Tax Act, 2015 (Act 896) in Ghana. These regulations clarify specific provisions under the Income Tax Act, including rules for calculating and deducting income tax, allowable expenses, and the treatment of foreign income. The document also covers procedures for filing returns, withholding tax requirements, and tax reliefs, making it a vital resource for taxpayers and tax practitioners to ensure compliance with income tax obligations in Ghana.