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Electricity VAT: GRA Clarifies Decision to Tax Resident Ghanaians

The Ghana Revenue Authority (GRA) has clarified its decision to tax the foreign incomes of resident Ghanaians as replacement for the value-added tax (VAT) on electricity.

Earlier this year, the government introduced a VAT on electricity, but public backlash led to its abandonment, leaving a revenue gap of approximately GH¢1.8 billion.

Source: www.adomonline.com

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