GRA goes after $2.8 billion in accounts of Ghanaians overseas

Spread the love
Prev1 of 4
Use your ← → (arrow) keys to browse

This was after it carried out some work on 70,000 accounts of Ghanaians living in 40 countries.

The Commissioner General of the Ghana Revenue Authority, Rev. Dr. Ammishaddai Owusu-Amoah, disclosed this on PM Express Business Edition with host George Wiafe.

“For the 40 countries in which we have completed work, the value of money in these accounts are pegged at $2.8 billion,” he stated.

Tune in and enjoy FLY FM GH

“However, the Ghana Revenue Authority has been able to raise a tax liability of ¢1.6 billion. This is an assessment, but doesn’t mean that we have already collected the taxes on these accounts, the GRA boss added.

Rev. Dr. Ammishaddai Owusu-Amoah pointed out that this was based on work done in two months by the GRA.

The Commissioner General also revealed that his outfit is expecting another set of data to come in the first week of January 2024, which could also improve the inflows expected.

Reasons and legal basis by GRA

The Commissioner-General of the GRA said it is getting information from the Organization for Economic Co-operation and Development (OECD) Agreement on automatic exchange of information with member countries and the exchange of information on request.

Prev1 of 4
Use your ← → (arrow) keys to browse

See also  Instructions to apply for educational loan in Ghana

Next Post

AFCON 2023: ‘He would certainly be here without the injury’ - Chris Hughton on Partey

Tue Jan 2 , 2024
Spread the loveTweet Black Stars head coach Chris Hughton says he was forced to leave Thomas Partey out of his squad for the 2023 Africa Cup of Nations (AFCON) due to his injury. The Arsenal midfielder is still on his way to recovery after being out of action since the October […]
AFCON 2023: ‘He would certainly be here without the injury’ (Chris Hughton on Partey)