Income Tax (Amendment) Act, 2017 (Act 941)

ARRANGEMENT OF SECTION

Section 7 of Act 896 amended

PURPOSE

AN ACT to amend the Income Tax Act, 2015 (Act 896) to provide for the exemption from tax of the gains from the realisation of securities listed on the Ghana Stock Exchange.

DATE OF ASSENT

15th March, 2017.

ACT

Section 7 of Act 896 amended

The Income Tax Act, 2015 (Act 896) is amended in subsection (1) of section 7

(a) by the deletion of "and" after "Ghana" in paragraph (r);

(b) by the insertion of "and" after "person" in paragraph (s); and

(c) by the insertion after paragraph (s) of

"(t) gains from the realisation of securities traded on the Ghana Stock Exchange up to December 31st, 2021."