Ghana: Entry into force with grace period of Value Added Tax (Amendment) Act, 2022 (Act 1082) including measures applicable to digital services
Description
Entry into force with grace period of Value Added Tax (Amendment) Act, 2022 (Act 1082) including measures applicable to digital services
On 12 September 2022, the Value Added Tax (Amendment) Act 2022 (Act 1082) enters into force. The amendment introduces provisions for taxing digital services, including social networking, online gaming, cloud services, video or audio streaming, digital marketplace operations, and online advertisement services. Non-resident entities providing these services must register for VAT if supplying to users in the country. The Act also mandates electronic tax invoicing systems for taxable entities, requiring integration with the Commissioner-General’s system to ensure compliance and streamline tax administration. The entities have to comply with this measure within one year.
Original sourceScope
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
online advertising provider, digital payment provider (incl. cryptocurrencies), platform intermediary: user-generated content, streaming service provider, platform intermediary: e-commerce, software provider: other software, platform intermediary: other
Implementation Level
national
Government Branch
executive
Government Body
central government