The tax expert Fred Awutey is asking for a review of the Electronic Transfer Levy (E-Levy) law to avoid confusion ahead of its implementation.
The Ghana Revenue Authority (GRA) has served notice the law takes effect on 1 May 2022.
Talking to Kwaku Nhyira-Addo on The Asaase Breakfast Show on Monday (11 April), Awutey said the law as it stands is ambiguous.
“The court over the years restricts itself to interpreting the laws as specific to the words used in its writing and this E-Levy law is ambiguous on who pays the tax.
“To the extent that the law has not clearly stated who bears the E-Levy tax cost … it makes the law ambiguous and that is a challenge,” Awutey said.
“When you look at the [E-Levy] law as it is now, it does not clearly state who bears the incident of the transfer of a Momo. Is it the person who is sending the money or the one receiving the money? The law does not categorically state it and that is an issue,” he said.
GhanaFeed.com
