Scrap Free Fuel Coupons, Ex-gratia And Restore Meritocracy- Law Professor to Gov’t
Ghanaian Lawyer and professor of Accountancy based in the United States, Stephen Kwaku Asare is asking the government to as a matter of urgency discontinue the practice of issuing out free fuel coupons and handing out ex-gratia to those he describes as “square pegs in round holes”. According to him, this is the first step towards saving some money for the state. In a reaction to comments made by the Finance Minister regarding the poor level of tax compliance by Ghanaian professionals, Kweku Azar as he is affectionately known backed the assertion that over 60,000 businesses and professionals are not paying their fair share of taxes
He alleged that between 2013 and 2021, companies such as K. Ofori Enterprise and United Steel Company alone evaded taxes of ₵1.6 billion. He claims that many well-to-do lawyers, doctors, and accountants collect huge fees from clients but fail to report and pay taxes, etc.