KPMG in Ghana wins Honorary Award KPMG in Ghana wins Honorary Award

KPMG in Ghana wins Honorary Award for expertise in tax advisory services and deep knowledge in Audit and Assurance at the 9^th AGI Ghana Industry and Quality Awards held on 13 November 2020.

KPMG member firms support and advise clients on their specific tax needs.

The Association of Ghana Industries (AGI) instituted the AGI Ghana Industry Awards (GIA) to reward companies/industries in different areas of business performance. It motivates businesses to strive to perform better even in the face of economic difficulties.

The Awards ceremony is an annual event which is scheduled for November each year and marks the climax of the National Industrial Week celebration.

Major Award categories for GIA include: Overall Best Industrial Company of the Year Award, Best Corporate Social Responsibility Company Award, and Best Company Employer of the Year Award etc.

KPMG in Ghana is proud of this achievement and is committed to offering valuable tax, advisory and audit services to our clients at all times.

On March 3, 2020, the Court of Justice of the European Union (CJEU) rendered its decisions in three cases, (C-482/18), (C-323/18) and (C-75/18), each of which concerned aspects of Hungarian law. The CJEU decided that the EU freedom of establishment does not preclude Member States from levying a progressive tax on turnover, the actual burden of which is mainly borne by companies controlled from another Member State. The Court also ruled that Hungarian advertisement tax penalty regime disproportionately affected companies located in another EU Member State and was therefore contrary to the EU principle of freedom to provide services.

For more information, please refer to Euro Tax Flash Issue 426.