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GOVERNMENT IMPOSES 10% WITHHOLDING TAX ON SPORT BETTING AND LOTTERIES FROM AUGUST 15, 2023

Information gathered by NKONKONSA.com indicates that individuals who are engaged in Sports betting and other lotteries will from 15th August 2023 pay 10% withholding tax on gross wins.

The Ghana Revenue Authority says it has instituted necessary measures to ensure full compliance with the new amended Tax Act.


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