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GRA To Prosecute 93 Companies For Various Tax Offences

Source The Ghana Report

The Enforcement Unit of the Ghana Revenue Authority (GRA) is set to prosecute some 93 companies for various tax offences.

According to the Accra Area Tax compliance coordinator, Joseph Annan, the defiant non-taxpayers will face legal action to ensure compliance with the country’s tax laws.

Briefing the press following a recent VAT compliance enforcement exercise, Mr Annan said, “We have 93 on our list, and there is another one that is being sieved through, and once we are done, it will be added to the 93. We are going to go through all the 93 cases, and they are all going to follow the same process. There will be a recommendation for a full audit, and there will be a process for court.”

He added that all taxpayers would soon use the electronic vat invoicing system, making it difficult for business owners to evade taxes.

“The E-VAT will eventually cover all taxpayers, but of course, it is a process. You don’t start a new thing en masse. You need to start gradually before you expand.”

The exercise is expected to help the GRA mobilise revenue for the state and meet its revenue target.

These 93 businesses were identified after a test purchase was conducted on about 115 shops across the Greater Accra region.

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