Controversy is brewing in Ghana as the government’s recent introduction of a 10% withholding tax on betting and lottery winnings ignites public discontent.
Edward Gyambrah, the Commissioner of the Ghana Revenue Authority. Photo supplied
Controversy is brewing in the West African nation as the government’s recent introduction of a 10% withholding tax on betting and lottery winnings ignites public discontent. Ghana’s government introduced last August a 10% withholding tax on betting and lottery winnings, with betting companies subjected to a 20% withholding tax on
gross gaming revenue. The decision has fueled public disgruntlement as well as doubts over whether it could have a significant economic impact.Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
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