Ghana: Entry into force with grace period of Electronic Transfer Levy Act, 2022 (Act 1075) including provisions for digital service providers

Description

Entry into force with grace period of Electronic Transfer Levy Act, 2022 (Act 1075) including provisions for digital service providers

On 31 March 2022, the Electronic Transfer Levy Act 2022 (Act 1075) enters into force with a grace period, establishing a 1.50% levy on electronic transfers. The levy applies to transactions facilitated by electronic money issuers, payment service pr…

Scope

Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2022-03-31
in grace period

On 31 March 2022, the Electronic Transfer Levy Act 2022 (Act 1075) enters into force with a grace p…

2022-05-01
in force

On 1 May 2022, the Electronic Transfer Levy Act 2022 (Act 1075) enters into force, establishing a 1…