You are here: HomeNews2024 08 29Article 1974896

Politics of Thursday, 29 August 2024

    

Source: www.mynewsgh.com

If I had my way betting tax will be 60% of wins – Kofi Akpaloo

Kofi Akpaloo Kofi Akpaloo

Kofi Akpaloo, the leader of the Liberal Party of Ghana (LPG), has stated that he would increase the betting tax to 60% if he had his way.

This comes in response to the Ghana Revenue Authority's recent 10% tax on lottery and sports betting winnings, along with a 20% withholding tax on betting companies' gross revenue.

While both the NPP and NDC have proposed scrapping the betting tax, Akpaloo believes a higher tax would discourage youth from betting and push them toward more productive work.

Read full article