Global

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  • Service: Tax, Global Indirect Tax, Global Mobility Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 11/27/2013

Ghana - Tax provisions in 2014 budget 

November 27:  Ghana’s 2014 budget includes the following tax initiatives:
  • Extension of capital gains tax treatment to petroleum operating entities
  • Re-introduction of a proposal for a windfall profit tax of 10% for mining companies
  • Increased focus on tax audits of companies, and in particular on transfer pricing issues
  • A withholding tax imposed on commercial building rent payments, at 15%
  • An increase in the withholding tax on management and technical fees to 20% (up from 15%)

Read a November 2013 report [PDF 5.27 MB] prepared by the KPMG member firm in Ghana: Highlights of the 2014 Budget




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