Ghana applies 10% withholding tax to residents’ gross betting winnings
Ghana’s Revenue Authority practice note sets a 10% withholding tax on gross betting winnings paid to resident individuals, alongside a 20% gross gaming revenue tax for gambling operators. The note covers sports betting, casinos, private lotteries and other gambling activities; the article discusses possible effects but reports no new implementation date.
The withholding tax changes the treatment of resident customers’ betting payouts and may affect operators’ tax administration.