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Income Tax (Amendment) Act, 2016 πŸ‡¬πŸ‡­

Ghana 1 Citing Cases
Coat of Arms
Republic of Ghana


The nine hundred and seventh

Act

of the parliament of the republic of ghana
entitled

Income Tax (Amendment) Act, 2016

  • Published by Government Gazette on 18 February 2016
  • Assented to on 18 February 2016
  • Commenced on 18 February 2016
AN ACT to amend the Income Tax Act, 2015 (Act 896) to provide for the exemption from tax of interest paid to an individual by a resident financial institution or to an individual on bonds issued by the Government of Ghana; to provide for a reduction in withholding tax on service fees paid to a resident person and to provide for related matters.PASSED by Parliament and assented to by the President:

1. Section 7 of Act 896 amended

The Income Tax Act, 2015 (Act 896) referred to in this Act as the "principal enactment" is amended in subsection (1) of section 7
(a)by the deletion of "and" after paragraph(n);
(b)by the deletion of "." and the insertion of ", and" after paragraph (o); and
(c)by the insertion of new paragraphs (p) and (q) as follows:
"(p) inter…

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