BETTING GHANA Ghanaian punters worried over new tax on sports betting 2 years ago Szarlot Post Views: 541 Some Ghanaian sports fans are expressing mixed reactions after government’s decision to introduce taxes on lotteries and sports betting. On March 31, Parliament approved three bills on taxes — Income Tax Amendment Bill, Excise Duty Amendment Bill, and the Growth and Sustainability Amendment Bill—which were tabled before it as part of government’s measures to generate more revenue. Government is expecting that the implementation of these bills will aid it in generating the revenue needed to secure the IMF deal, as well as improve the revenue situation of the country. The components include a 10% withholding tax at the point of payout deduction from winnings from lotteries, sports betting, and games of chance. Ahead of the Presidential assent, worried punters have taken to social media to vent over the potential impact on their earnings. Source: myjoyonline.com About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: Ghana, sports betting, tax Continue Reading Previous Government introduces new 10% tax on betting and lottery winningsNext How to Cancel a Bet in Betika More Stories GHANA HOT NEWS ONLINE Ghana’s online gambling industry set for expansion amid regulatory improvements 23 hours ago Samuel BETTING GHANA Popular Sports to Bet on in Ghana at Melbet 23 hours ago Samuel BETTING CAMEROON iPhone and $3,000 check found their owners: 1xBet rewards WOW promo winners 4 days ago Iwo Bulski BENIN BETTING MightyTips partners with 888Starz to expand in African Markets 6 days ago Samuel BETTING CAMEROON A football celebration: Tenor and 1xBet lit up in Douala! 6 days ago Iwo Bulski BETTING CAMEROON Hit the jackpot and became a father on the same day: incredible success story of a Cameroonian 1xBet player 1 week ago Iwo Bulski BETTING NIGERIA Frodd: The impact of sports on life and entertainment 2 weeks ago Iwo Bulski BETTING ZAMBIA 1xBet arranged a bright celebration with entertainment and prizes for Oktoberfest 2024 visitors! 2 weeks ago Iwo Bulski BETTING NIGERIA Mike Edwards: Sports as the heartbeat of culture 2 weeks ago Iwo Bulski BETTING UGANDA Uganda: Local teacher hits jackpot with fixed games 2 weeks ago Szarlot BETTING NIGERIA Suo Chapele: Sports uncovers new talents 2 weeks ago Iwo Bulski BETTING UGANDA Betagamers.net: A Reliable Football Prediction Platform or just another website? 2 weeks ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.