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Ghana
Corporate - Withholding taxes
Last reviewed - 15 August 2023| Income | WHT rate (%) | Final tax |
| Resident persons: | ||
| Interest (excluding individuals and resident financial institutions) | 8 | No |
| Dividend | 8 | Yes |
| Rent (on residential properties as investment income) | 8 | Yes |
| Rent (on commercial properties as investment income) | 15 | Yes |
| Royalties and natural resource payments | 15 | No |
| Fees to lecturers, invigilators, examiners, part-time teachers, and endorsement fees | 10 | Yes |
| Commissions to insurance agents and sales persons | 10 | No |
| Fees, emoluments, and other benefits to a resident director, manager, or board member of a body of persons | 20 | No |
| Commissions to lotto agents | 10 | No |
| Supply of goods exceeding GHS2,000 | 3 | No |
| Supply of works exceeding GHS2,000 | 5 | No |
| Supply of services exceeding GHS2,000 (payments to persons other than individuals) | 7.5 | No |
| Payment to individuals for provision of services | 7.5 | No |
| Payment to petroleum subcontractors | 7.5 | No |
| Payment for unprocessed precious minerals | 3 | No |
| Consideration for the realisation of assets and liabilities | 3 | No |
| Winnings from lottery | 10 | Yes |
| Non-resident persons: | ||
| Dividend | 8 | Yes |
| Royalties, natural resources payments, and rents | 15 | Yes |
| Management, consulting, and technical service fees, and endorsement fees | 20 | Yes |
| Repatriated branch after tax profits | 8 | Yes |
| Interest income | 8 | Yes |
| Short-term insurance premium | 5 | Yes |
| Income from telecommunication, shipping, and air transport | 15 | Yes |
| Payment to petroleum subcontractors | 15 | Yes |
| Consideration for the realisation of assets and liabilities | 10 | Yes |
| Winnings from lottery | 10 | Yes |
Double tax treaties (DTTs)
Ghana has DTTs with the following countries for the relief from double taxation on income arising in Ghana:
| Recipient | Dividends (%) (1) | Interest (%) | Royalties (%) | Technical or management service fees (%) |
| Belgium | 5/15 | 10 | 10 | 10 |
| Czech Republic | 6/6 | 10 | 8 | 8 |
| Denmark | 5/15 | 8 | 8 | 8 |
| France | 7.5/15 | 10 | 10 | 10 |
| Germany | 5/15 | 10 | 8 | 8 |
| Ireland (3) | 7 | 7 | 8 | 10 |
| Italy | 5/15 | 10 | 10 | 10 |
| Malta (3) | 6 | 7 | 8 | 12 |
| Mauritius | 7 | 7 | 8 | 10 |
| Morocco | 5/10 | 10 | 10 | 10 |
| Netherlands | 5/10 | 8 | 8 | 8 |
| Norway (3) | 7/15 | 7 | 10 | 12 |
| Qatar (3) | 5/10 | 10 | 10 | 10 |
| Singapore | 7/7 | 7 | 7 | 10 |
| South Africa | 5/15 | 5/10 (2) | 10 | 10 |
| Switzerland | 5/15 | 10 | 8 | 8 |
| United Kingdom | 7.5/15 | 12.5 | 12.5 | 10 |
Notes
- The lower rate applies where the recipient holds at least 10% of the shares. The higher rate applies in any other case.
- 5% for non-resident banks. 10% in any other case.
- Not yet in force. Other DTTs that have been signed but are not in force are those with Iran, Barbados, Seychelles, United Arab Emirates (UAE), and Luxembourg.
The government of Ghana is also pursuing DTTs with various countries, including Nigeria, Saudi Arabia, Sweden, Syria, Portugal, Jersey, Turkey, South Korea, Saudi Arabia, Israel, Hungary, Rwanda, Tunisia, Japan, Egypt and China.
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Ayesha A Bedwei Ibe
Partner - Global People Leader, Tax and Legal Services, PwC Ghana
+233 302 761 500