The Majority Caucus in Parliament has come out with claims that Dzata Cement, a company that makes cement, was unfairly granted a tax exemption by the former Mahama administration.
The Caucus claimed that without seeking parliamentary approval, former President John Dramani Mahama had designated certain companies, including Dzata Cement, as key investors and given them tax breaks through executive authorization.
The Majority Leader, Alexander Afenyo-Markin, asked the Minority Caucus to back the government’s efforts to industrialize the economy by providing tax breaks to businesses under the One District, One Factory policy, during a Thursday, May 30, speech to journalists in Accra.
“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 but some actions of the executive under certain rule of necessity, Dzata Cement was granted a tax waiver and we did not complain because we were told that Dzata Cement was a strategic investor.”
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