The Commissioner-General of the Ghana Revenue Authority (GRA), Reverend. Dr. Ammishaddai Owusu-Amoah, has maintained that the authority stands by the tax assessment exercises conducted on businesses and multinational companies operating in the country.
Dr. Owusu=Amoah stated that the assessment is a routine exercise conducted by the GRA before it is published.
He explained that “some of the work that is out today was completed some years ago”.
Basis for objecting a tax assessment by GRA
Dr. Owusu-Amoah clarified that companies have the right under the tax laws to object to specific exercises conducted by the GRA.
“Every taxpayer has the right to come to the GRA, if he or she is not satisfied by with the work done by the Ghana Revenue Authority. When it comes to the tax assessment and every tax payer has the right to seek redress”, he said.
He stated for example that the Tax Appeals Board is in place to address grievances of all companies.
“One can talk about the Tax Appeals Board to challenge any decision taken by the Ghana Revenue Authority”.
“We want businesses to explore all these measures before they turn to the court if they are not satisfied”, he added.
He assured that the GRA will always respect the rulings of the board.
Recent developments on MTN and Tullow
Telecom Company, MTN Ghana, recently announced that the GRA has dropped an ¢8.2 billion tax assessment imposed on the company.
According to the firm, this was based on an “extensive and productive discussions” during a 21-day negotiation period between the authorities in Ghana and MTN Ghana.
Reacting to a question on the issue, Dr. Owusu-Amoah declined to discuss specific cases of companies in public.
“I can assure you the public that every work that has been done by the Ghana Revenue Authority on the tax assessment was done professionally”, he added.
GRA’s mode of collecting taxes
Dr. Owusu-Amoah rejected accusations that the authority is harassing businesses with its distress exercise to check the implementation of the e-VAT
“This is something we have been doing always , even in the past” he added.
Latest Stories
-
NPP’s Mpohor treasurer arrested for allegedly aiding the registration of a minor
33 mins -
Davido hints at retirement after next album
37 mins -
Dr Baah-Nuakoh chairs Ghana’s organisation of Athletics Championships next month
44 mins -
Speaker of Parliament has not breached Standing Orders – Dafeamekpor
46 mins -
Ghana Cocoa Board refunds $250m loan procured from ADB for irrigation in cocoa farms
1 hour -
6 out of 10 registered deaths in 2022 were males – Births and Deaths Registry
2 hours -
Prof. Kofi Abotsi to deliver keynote at ECOWAS Court of Justice Conference
2 hours -
MTN Ghana Foundation inaugurates new Accident and Emergency Centre for Bawjiase Polyclinic
2 hours -
Government has paid all individuals who opted out of DDEP -1st Dep. Governor of BoG
2 hours -
We are confident about our board meeting in June on Ghana’s second review – IMF
2 hours -
MEST Africa announces 12 companies selected for first cohort of the Mastercard Foundation EdTech Fellowship
3 hours -
Ghana’s Antoine Semenyo in contention for Bournemouth Supporters’ Player of the Season
3 hours -
I try to set good example for kids who look up to me in Ghana – Mohammed Kudus
3 hours -
Dr. Lawrence Tetteh to march on Jubilee House over Akufo-Addo’s refusal to assent to anti-LGBTQ+ bill
4 hours -
Ghanaian midfielder Jeffrey Schlupp extends Crystal Palace stay until 2025
4 hours