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Gideon Boako labels cross-border VAT a ‘social media tax’, warns of double taxation on online purchases
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MyJoyOnline
Deputy Ranking Member of Parliament’s Finance Committee, Dr Gideon BoakoDeputy Ranking Member on Parliament’s Finance Committee, Dr Gideon Boako, has criticised the government’s decision to introduce a Cross-Border E-Commerce Value Added Tax (VAT) system, describing it as a “social media tax” that will increase the cost of digital services and online shopping for Ghanaians.
The lawmaker further warned that the tax could expose Ghanaians to double taxation on goods bought from overseas.
Dr Boako maintained that the policy would place an additional financial burden on consumers at a time when many households are already grappling with the rising cost of living.
He urged the government to reconsider the implementation of the cross-border e-commerce VAT system to avoid discouraging digital commerce and increasing the cost of accessing online services.
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