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Gov’t targets GH¢2.3bn from foreign digital platforms through new VAT system

By GhanaSummary Newsroom1 min read
Gov’t targets GH¢2.3bn from foreign digital platforms through new VAT system

Finance Minister Dr Cassiel Ato Forson says the government's planned nationwide rollout of a cross-border technology solution for collecting Value Added Tax (VAT) from non-resident digital platforms is expected to generate about GH¢2.3 billion in its first full year without increasing tax rates.

Dr Forson said the digital tax initiative complements what he described as the most ambitious reforms to Ghana's VAT system in more than a decade, aimed at eliminating long-standing distortions, improving efficiency and supporting business growth.

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