FOURTH REPUBLIC
Act 757
ACT
OF THE PARLIAMENT OF THE REPUBLIC OF GHANA
ENTITLED
INTERNAL REVENUE (AMENDMENT) ACT, 2008
AN ACT to amend the
Internal Revenue Act, 2000 (Act 592) to withhold a
final tax on repatriated profits of non-residents
and on the gross amount obtained by non-residents
from the provision of shipping, air transport and
telecommunication services.
DATE OF ASSENT:
ENACTED by the President and
Parliament:
Section 66 of Act 592 amended
1. The Internal Revenue Act, 2000
(Act 592) referred to in this Act as the "principal
enactment" is amended in section 66 by the insertion
after subsection (2) of a new subsection:
"(3) A person who makes payment
in respect of profit or repatriates the profit
referred to in subsection (1) shall withhold a final
tax on the gross amount in accordance with the
prescribed rate."
Section 67 of Act 592 amended
2. The principal enactment
is amended in section 67 by ih~ insertion after
subsection (3) of a new subsection:
"( 4) A person who makes payment
to or for a non-resident person in respect of any
business referred to in subsection (1) or (2) shall
withhold a final tax on the gross amount in
accordance with the prescribed rate."
Date of Gazette
notification:
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