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General News of Tuesday, July 30, 2019
Source: www.ghanaweb.com
2019-07-30
play the videoDeputy Minister of Communication, Vincent Sowah Odotei
Vice Minister of Communications Vincent Sowah Odotei said the increase in the tax on communication services was a small cost for Ghanaians to pay for technology in the country.
According to him, this increase will contribute to the fight against money laundering and other forms of cybercrime in the country.
In an interview with GhanaWeb, the deputy minister said the increase would go a long way in protecting user information.
"It's important that we look at how we fight (cybercrime), an emerging threat. All consumers must understand that there is a small price to pay to be able to continue to support the technology, that is the end result. If there are other ways to solve it, we will do it, "he said.
He added, "We are acting responsibly to continue to take advantage of technology, to be able to socialize and to continue to protect our data. That's why it's important that we support this government. "
According to him, the increase is much better than the inaction that will cost more to the country.
Finance Minister Ken Ofori-Atta announced an increase in the communication services tax from 9% to 6% on Monday, July 29, 2019, when the Mid-Year Budget Review Statement was presented.
Ofori-Atta told legislators that: "The tax on communication services (CST) was introduced in 2008 at an ad valorem rate of 6%. The tax is levied on royalties owed by consumers for the use of communication services.
"The government is proposing to increase the tax to 9% in order to lay the foundation for creating a viable technology ecosystem in the country."
Sam Nartey George, Ningro-Prampram MP, said the minority would oppose the increase in the tax on communication services at the time it would be justified.
According to him, the government already has the necessary infrastructure to combat cybercrime.
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