Tag: Bet winnings
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GRA to implement 10% withholding tax on betting, lottery winnings from August 15
The Ghana Revenue Authority (GRA) has announced that it will begin implementing a 10% withholding tax on all gross gaming winnings from August 15, 2023. The GRA explained that the withholding tax will be charged on profits accrued after each win and that the existing 15% Value Added Tax (VAT) rate on each stake will…