Commissioner General of GRA, Rev. Dr. Ammishaddai Owusu-Amoah
The Ghana Revenue Authority (GRA) has announced plans to charge 10% withholding tax on gross wins from patrons of sports betting and other lotteries effective 15 August.
The Ghana Revenue Authority says it has instituted necessary measures to ensure full compliance to the new amended Tax Act.
Sharing the news on Facebook on Tuesday (8 August), GRA said the charge does not include amount invested in staking or playing the games.
“Please note effective 15th August, all winnings in Gaming, Betting, Lottery and Games of Chance attract 10% Withholding Tax. This does not include the amount invested in staking or playing the games, “the GRA said.
Reporting by Fred Dzakpata in Accra
It is the case of backwardness to think and demand that we pay no tax on our earnings…