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Ghana 2019 Mid-Year Budget Proposed Tax Measures

|Proposed Changes|Ghana
Ghana

Ghana's Minister of Finance Ken Ofori-Atta reportedly delivered the 2019 Mid-Year Budget to parliament on 29 July 2019, including certain proposed tax measures. These include:

  • the introduction of a five-year tax holiday for companies under the government's One-District-One-Factory program, including an exemption from duties, taxes, and levies on machinery, equipment and parts, and selected raw materials not already exempted;
  • an increase in the Communications Service Tax from 6% to 9%;
  • the re…

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