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
