The government of Ghana, in partnership with Melchia Investments, a private Ghanaian technology company, is moving towards a digitized tax system that will boost domestic revenue generation. Earlier in 2021, the Ghana Revenue Authority (GRA) indicated that it is the part of its strategy to increase the revenue portfolio with a vigorous taxation of e-commerce sector which has been a challenge to the tax authorities over the years, mainly, due to local tax laws being ineffective in addressing the administration of e-businesses.
Initiatives include:
- Cashless policy
- Introduction of Ghana Card Pin
- Administrative guidelines for e-services
- Non-resident telecommunication or e-commerce service providers must register for VAT
- Definition of services, place of supply
- Digital supplies
- Digital Services Tax
Source GlobalVATcompliance
Latest Posts in "Ghana"
- Ghana Revenue Authority to Implement Tax Reforms, Enforce EFDs, and Establish Tax Appeal Board by 2026
- Evaluating Ghana’s VAT System: Current Model and Future Impact of Proposed Reforms
- VAT Must Be Paid on Free Tickets by Taxable Entities, Says Ghana Revenue Authority Official
- Ghana plans full implementation of fiscal electronic device legislation
- Ghana’s 2025 Tax Reforms: VAT on Insurance, Fuel Levy Increases, Informal Sector Scheme Launch