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"
- GRA Protocols for Tax Invoice Issuance and System Downtime Under Ghana’s E-VAT Regulations
- Ghana Shifts to Mandatory Electronic VAT Receipts, Phasing Out Manual Booklets for Retailers
- Ghana integrates Fiscal Electronic Devices into VAT return filing under Act 1151
- Ghana Requires Real-Time VAT Reporting via Fiscal Electronic Devices Under New Tax Law
- Certified Invoicing System (E-VAT): Guidelines, Legal Framework, Implementation, and Compliance Requirements
