GRA to defaulting OMC’s :Pay your taxes by 3 December or face prosecution

GRA garnishing an OMC

The Ghana Revenue Authority (GRA) has advised defaulting Oil Marketing Companies(OMC’s) to honour their tax obligations by 3 December or face prosecution.

A notice cited by says the GRA will not hesitate to publish the names of defaulting OMC’s, and their managers if they fail to meet the deadline for payment of the taxes.

“The Ghana Revenue Authority wishes to inform managers of Oil Marketing Companies(OMC’s) who have defaulted on payment of taxes that the Authority will publish names of defaulting OMC’s and their managers if satisfactory arrangements are not made to settle outstanding tax liabilities by Friday 3 December 2021.”

“I 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 GRA notice added.

The GRA has also called on other businesses to ensure they honour their tax obligations.

Fred Dzakpata

Gh Extractives is an independent multimedia portal that seeks to provide credible information and news content to readers especially players in the extractive sector in Ghana, Africa and beyond. It also provides a unique platform for players in the energy sector to market their products and reach a wider audience

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