The Ghana Revenue Authority (GRA) has announced that the new 10% withholding tax on all betting, games, and lottery winnings would go into effect on August 15, 2023.
This comes after the government modified the Tax Act, adding withholding tax on sports betting and lottery earnings.
According to a UTV Ghana article, the GRA stated that they intend to ensure complete compliance with the newly modified Tax Act and generate approximately GHC 1.2 million from lottery activities.
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