Details of Incentive

Information


REDUCED CORPORATE INCOME TAX (CIT) RATES FOR TREE CROP FARMING (UP TO FIVE YEARS)


Brief Description

Corporate tax rates are presently 25%. However, tree crop farming for the first 5 years have a chargeable income tax rate of 1% (a reduced rate)

Criteria

Tree crop farming businesses within five years of operation 

Awarding

Subject to meeting the eligibility criteria (First schedule) ?

Institution

Ghana Revenue Authority

Implementing Institution

Ghana Revenue Authority