08 March 2016

Ghana enacts income tax amendments related to interest payments and withholding taxes

The Income Tax (Amendment) Act, 2016 (Act 907), was assented to by Ghana's President and published in the Official Gazette on February 18. Act 907 amends certain provisions in Act 896. As the Act did not specify any date of commencement, in accordance with the provisions of the Constitution of the Republic of Ghana, the Act entered into force on its date of publication, February 18.

A Tax Alert prepared by Ernst & Young Ghana, and attached below, provides additional details.

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ATTACHMENT

Document ID: 2016-0466