The Securities and Exchange Commission (SEC) is currently working with the Ministry of Finance (MoF) regarding the potential exemption of investment transactions from the E-Levy.
This comes following the commencement of implementation of the Electronic Transfer Levy (E-Levy) Act 2022 (Act 1075) on May 1, 2022, by the Ghana Revenue Authority (GRA).
SEC is, however, informing all capital market operators and the investor community to remain calm as they await the response from the negotiations.
“The SEC notes that until such exemptions are granted, capital market operators shall strictly adhere to guidelines issued by the GRA regarding the implementation of the E-Levy” according to a statement signed by SEC and dated 3rd May 2022.
Read the statement below:
Source: Mybrytnewsroom.com/Kwabena Nyarko Abronoma
