For us, as a chamber, we don’t think this is the time to discuss the matter of direct taxation of mobile money,” Laryea said this at 18th Knowledge Forum organised by the Ghana Chamber of Telecommunications. “There are various ways by which mobile money is taxed. By virtue of the fact that you have mobile money running, you have businesses who leverage the platform and also pay taxes. We definitely think that taxing mobile money directly is like taxing the cash in your pocket,” Ashigbey explained. Meanwhile, government has already began stakeholder engagements with mobile money agents, merchants in the country ahead of a possible introduction of taxes on mobile money transactions.

Source: GhanaWeb September 17, 2021 15:44 UTC