The Ghana Revenue Authority (GRA) has issued a communique to oil marketing companies across the country over unpaid petroleum taxes.
The Authority noted that it will publish names of defaulting OMCs who have defaulted on payment of taxes if Managers of the oil companies fail to settle the outstanding tax liabilities by Friday, December 3, 2021.
In addition to the publication of the list of defaulters, the Authority will also continue enforcement actions such as, garnishing of accounts, seal off of business premises among other enforcement tools available, as well as prosecution.
The statement noted that in Sections 58 and 95 of the Revenue Administration Act, 2016 (Act 915) mandate the Commissioner-General of the GRA to publish the names of tax offenders in the Gazette on the GRA website and in any other national media.
Read the FULL Statement below.
The Ghana Revenue Authority wishes to inform managers of Oil Marketing Companies [OMCs], who have defaulted on payment of taxes that the Authority will publish names of defaulting OMCs, and their Managers if satisfactory arrangements are not made to settle outstanding tax liabilities by Friday, December 3, 2021.
In addition to the publication of the list of defaulters, the Authority will also continue enforcement actions such as, garnishing of accounts, seal off of business premises among other enforcement tools available, as well as prosecution.
Sections 58 and 95 of the Revenue Administration Act, 2016 (Act 915) mandate the Commissioner-General of the GRA to publish the names of tax offenders in the Gazette on the GRA website and in any other national media.
All OMCs are to take note of this reminder to settle outstanding tax liabilities.