The case involving three Minority lawmakers in Ghana’s legislature who sought to restrict the implementation of the electronic transaction levy is scheduled to be heard by the apex court today.
The legislators filed the suit on Tuesday, April 19, after the passage of the controversial bill on Tuesday, March 29, 2022, despite the resistance and walkout by the opposition legislators.
Members of the Minority caucus argue that the levy would worsen the plight of Ghanaians in the face of harsh economic challenges.
In expressing how opposed they are to the levy, the legislators subsequently sought an injunction against the implementation pending its substantive case, but that did not stop the implementation.
The controversial levy, which was slashed down from 1.75 per cent to 1.5 per cent on Tuesday, March 29, 2022, is a tax on electronic transactions, which includes mobile-money payments.
Despite widespread public complaints against it, the new tax took effect on May 1.
The Supreme Court to address the situation has set today as the date to hear the case, three days into its implementation.
The charge applies to electronic transactions that are more than GH¢100 daily.
Some people who undertook mobile money transfers above GH¢100 confirmed the deduction of the 1.5% value tax in addition to the 1% service charge deducted by the sending mobile network operator.