Parliament approves $10m tax waiver for Tata Consultancy Services

Parliament has approved a tax waiver of $10.4 million for Tata Consultancy Services Limited to facilitate the implementation of the Integrated Tax Administration System project in Ghana.

The agreement, originally signed by the previous NPP government, forms part of a broader IMF-backed initiative under which Tata Consultancy Services, alongside its Ghana-based Indian partners, IPMC, will assume responsibility for the country’s domestic tax mobilisation in 2026.

Under the arrangement, the government has exempted Tata Consultancy Services from a 20% withholding tax and Value Added Tax on its income, providing financial relief to the company while facilitating the smooth rollout of ITAS.

Finance Minister Dr Cassiel Ato Forson highlighted that the Mahama administration’s renegotiation of the deal has saved the country $9 million, underscoring the government’s commitment to fiscal prudence and effective public-private collaboration.