GRA to Roll Out Tech to Track Crypto Traders, Enforce Taxes by Year-End

The Ghana Revenue Authority (GRA) has announced plans to deploy technology by the end of 2025 to track cryptocurrency accounts and enforce tax compliance among digital asset traders.

Commissioner-General Anthony Kwasi Sarpong said on Joy News’ PM Express Business Edition that while Ghana is still working with the Bank of Ghana and the Securities and Exchange Commission on regulations for cryptocurrency, existing tax laws already require individuals to pay taxes on profits and gains.

“The technology we are going to deploy will bring all crypto accounts into focus, and we will work with these individuals to ensure they are brought into the tax net,” Mr. Sarpong said.

He explained that the initiative forms part of a broader GRA strategy to adapt Ghana’s tax system to the realities of the digital economy.

“Digitisation and the digital economy are here to stay. The taxpayer of the future is digital, and that’s why GRA is preparing itself to be digitally ready to deliver on its mandate,” he added.

Beyond crypto, the GRA is also enhancing systems to capture VAT and other taxes from online transactions at the point of payment, closing loopholes that currently allow many e-commerce operators to evade taxes.

A pilot of the new technology is expected to begin in September, with full deployment by year-end.

Mr. Sarpong stressed that this approach aligns with government’s policy of deepening the existing tax net rather than introducing new taxes, noting that current laws already provide sufficient measures if properly enforced.