Ghana Revenue Authority has responded to Telecommunication giant MTN over a $773m tax bill.
MTN had raised issues of the Ghana Revenue Authority slapping them with a $773 million back-tax bill. This includes penalties and interest charges in Ghana.
The company declared it would fight the ‘inaccurate’ assessment because it was dissatisfied with the methodology. MTN is arguably the best telecommunication network in Ghana.
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GRA has justified the tax assessment and audit that it was done within the remits of the law and by the principles of transparency. The communication company is said to have been a regular complainer of tax payments.
The attention of the Ghana Revenue Authority (GRA) has been drawn to a public statement issued by SCANCOM PLC (MTN GH) in reaction to a Notice of Tax Assessment served on MTN Ghana by the Authority on the 10th of January 2023.
GRA wishes to remind taxpayers and the general public that its mandate in tax administration is derived from the Ghana Revenue Authority Act 2009, (Act 791), the Revenue Administration Act 2016, (Act 915) and several other tax laws.
The attention of the Ghana Revenue Authority (GRA) has been drawn to a public statement issued by SCANCOM PLC (MTN GH) in reaction to a Notice of Tax Assessment served on MTN Ghana by the Authority on the 10th of January 2023.
GRA wishes to remind taxpayers and the general public that its mandate in tax administration is derived from the Ghana Revenue Authority Act 2009, (Act 791), the Revenue Administration Act 2016, (Act 915) and several other tax laws.
In the case of MTN Ghana, GRA followed due process in serving a Notice of Assessment and has engaged MTN Ghana as required by Law to ensure that it communicates the basis of assessment as well as the several avenues available for objection as required in Section 42 of the Revenue Administration Act.
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MTN Ghana has been audited many times and has received numerous awards as a compliant taxpayer. However, these do not in any way prejudice the conduct of audits as required. Paying tax is the duty of every firm and citizen alike.
GRA uses this opportunity to remind taxpayers of their obligations under the tax laws. Also declare and pay the right amount of tax is paid. Before you go, kindly Follow Us for more exclusive news updates. We are also on all social media platforms.
