GRA to publish names of tax defaulting OMCs
The Ghana Revenue Authority (GRA) has announced that it will publish a list of Oil Marketing Companies (OMCs) and their managers who have defaulted in the payment of taxes if “satisfactory arrangements are not made to settle outstanding tax liabilities by Friday, 3 December 2021.”
According to the GRA, it will also continue enforcement actions including garnisheeing of accounts, sealing off of business premises among other enforcement tools available, as well as prosecution.
A statement issued by the Authority advised businesses “in other sectors to also take steps to settle their tax liabilities or make satisfactory arrangements to pay in order to avoid publication of their names in the dailies and subsequent enforcement actions.”
The GRA further advised all OMCs to “take note of this final reminder to settle their outstanding tax liabilities".
The Commissioner-General of the GRA is mandated by Section 58 and 95 of the Revenue Administration Act, 2016 (Act 915) to publish the names of tax offenders in the Gazette on the Authority’s website and other national media.
Source: classfmonline.com/Elikem Adiku
Trending Business

Blue Gold responds to Supreme Court ruling on Bogoso-Prestea mine case
08:22
President Mahama Appoints Kwame Griffiths as Deputy MD of Cocoa Processing Company
08:09
RNAQ opens four new food banks in Kumasi to strengthen Ghana's food security efforts
04:29
Ghana Exim Bank, PIAA lead joint inspection tour of coconut farms across 11 regions, over 1,000 farmers benefit
04:23
NPA pushes to strengthen stakeholder engagement at National LPG Forum
13:29
Ghana losing over half a billion Dollars annually on imported sugary juice concentrates — Experts warn of FX drain and health risks
13:05
NLA dumps UTV for GTV for live draw broadcast
12:32
Mahama unveils nationwide vegetable development project
17:05
GOLDBOD Jewelry unveils local gold value-addition drive, launches e-commerce platform
19:07
SIC Insurance posts strong financial performance despite economic headwinds in 2024
13:03


