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Ghana 2019 Mid-Year Budget Proposed Tax Measures

23 August 2019

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Proposed Changes

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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 repeal of the new luxury vehicle tax introduced in 2018; and an increase in energy sector levies by GHp 20 per liter of diesel or petrol and the introduction...