Internal Revenue (Amendment) Act, 2008 Act 757

INTERNAL REVENUE (AMENDMENT) ACT, 2008 (ACT 757)
ARRANGEMENT OF SECTIONS
Section
1. Section 66 of Act 592 amended
2. Section 67 of Act 592 amended
1

INTERNAL REVENUE (AMENDMENT) ACT, 2008 (ACT 757)
ARRANGEMENT OF SECTIONS
Section
1. Section 66 of Act 592 amended
2. Section 67 of Act 592 amended
1

ACT 757
REPUBLIC OF GHANA
THE SEVEN HUNDRED AND FIFTY-SEVENTH
ACT
OF THE PARLIAMENT OF THE REPUBLIC OF
GHANA
ENTITLED
INTERNAL REVENUE (AMENDMENT) ACT, 2008
AN ACT to amend the Internal Revenue Act, 2000 (Act 592) to withhold a final tax on
repatriated profits of non-residents and on the gross amount obtained by non-residents from
the provision of shipping, air transport and telecommunication services. DATE OF ASSENT: 16th June, 2008.

gross amount obtained by non-residents from
the provision of shipping, air transport and telecommunication services. DATE OF ASSENT: 16th June, 2008.

ENACTED by the President and Parliament:
Section 1—Section 66 of Act 592 amended
The Internal Revenue Act, 2000 (Act 592) referred to in this Act as the "principal enactment"
is amended in section 66 by the insertion after subsection (2) of a new subsection:
"(3) A person who makes payment in respect of profit or repatriates the profit referred to in
subsection (1) shall withhold a final tax on the gross amount in accordance with the
prescribed rate."
Section 2—Section 67 of Act 592 amended
The principal enactment is amended in section 67 by the insertion after subsection (3) of a
new subsection:
"(4) A person who makes payment to or for a non-resident person in respect of any business
referred to in subsection (1) or (2) shall withhold a final tax on the gross amount in
accordance with the prescribed rate."
Date of Gazette notification: 16th June, 2008. 2