NEWS

Local economist reveals how to dodge E-levy taxes on Mobile money transactions (video)

Some users of mobile money have discovered a way to avoid paying the E-levy.

Metro TV went out on the streets to talk to individuals about how they plan to use mobile money now that the electronic transaction tax has been implemented.

To avoid paying the E-levy, one man stated he no longer sends money to individuals like he used to.

He now allows cashout on his phone for the person to whom he is intended to transmit the money to collect from a mobile money seller near him.

For example, if you’re in Dansoman and want to send money to someone in Tema, the person in Tema will have to go to a mobile money vendor and pretend to take money from his phone, but instead of giving out his number, he’ll give out the person in Dansoman’s.

With this, the person in Dansoman will be able to withdraw the specified amount from a mobile money vendor in Tema without the taxes

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