Investment Times

By Kwadwo Acheampong In May, Ghana rolled out the implementation of the Electronic Transfer Levy Act 2022 (Act 1075). This Act represents one of the most talked about in the history of our growing 4th Republic. The furore it created in Parliament, the media and private conversations did not end with the passage of the bill and subsequently was assented to by the President. Passionate discussions have been held and they will, undoubtedly, continue for some time to come. The Act Act 1075 imposes a tax of 1.5% on select electronic transactions. The Ghana Revenue Authority (GRA), the government agency...