Ghana

Corporate - Withholding taxes

Last reviewed - 03 June 2024

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 GHS 2,000	3	No
Supply of works exceeding GHS 2,000	5	No
Supply of services exceeding GHS 2,000 (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	1.5	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
Goods, works, or any services	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	5/7	7	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 Barbados, Iran, Luxembourg, Seychelles, and the United Arab Emirates (UAE).

The government of Ghana is also pursuing DTTs with various countries, including China, Egypt, Hungary, Israel, Japan, Jersey, Nigeria, Portugal, Rwanda, Saudi Arabia, South Korea, Sweden, Syria, Tunisia, and Turkey.