The Majority Caucus in Parliament has accused the previous Mahama administration of unlawfully granting tax exemptions to Dzata Cement, a cement manufacturing firm.
The Caucus claims that former President John Dramani Mahama, through executive authorization, classified certain firms, including Dzata Cement, as strategic investors, providing them with tax waivers without seeking Parliamentary approval.
Addressing journalists in Accra on Thursday, May 30, Majority Leader Alexander Afenyo-Markin called on the Minority Caucus to support the government’s industrialization efforts by offering tax exemptions to companies under the One District, One Factory policy.
“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. However, some actions of the executive under certain rule of necessity granted Dzata Cement a tax waiver, and we did not complain because we were told that Dzata Cement was a strategic investor,” Afenyo-Markin stated.
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