According to him, 150 countries, including Ghana, have signed up to this agreement by the OECD, which allows member countries to share information based on request and the automatic sharing of information. The agreement allows Ghana to share information with member countries
“This means that Ghana can go to the UK and ask for information on Ghanaian residents in that country, and the UK can also request that GRA share information on their residents in Ghana,” Dr. Owusu-Amoah pointed out.
The development, he added, will also help in checking money laundering.
“Ghana is one of the 5th countries in Africa that, in 2022, managed to satisfy all the conditions to be part of the OEDC agreement on sharing data for tax purposes on residents in their countries,” the GRA Boss revealed.