Ghana may revisit windfall tax: Terkper

[miningmx.com] – GHANA is considering reintroducing a windfall tax, said Reuters citing comments by the country’s finance minister, Seth Terkper.

“A committee is reviewing all stability agreements, incentives and the windfall profit tax that could not be passed in 2012,” said Tekper in his annual budget speech.

“In due course, government will re-introduce the bill in parliament after completion of the consultations with all stakeholders,’ Terkper said.

A previous bill that sought to impose a 10% windfall profit tax was introduced in 2012 but it was not considered by parliament, said Reuters citing Terkper.