12
Mar
Former Finance Minister Amin Adam has dismissed claims that the New Patriotic Party (NPP) administration implemented the 10% tax on sports betting winnings. His response follows an announcement by current Finance Minister Dr. Cassiel Ato Forson that the government has scrapped the tax while presenting the 2025 Budget Statement and Economic Policy in Parliament on Tuesday, March 11. “We will abolish the 10% withholding tax on winnings from lottery, otherwise known as the ‘Betting Tax’,” Dr. Forson stated. In addition to the betting tax, the government has also removed the E-levy, the COVID-19 tax, and the emission levy. However, addressing…