The Commissioner-General of the Ghana Revenue Authority (GRA) has unveiled the authority's intensified efforts to pursue the accounts of Ghanaians residing abroad owing to non-payment of taxes. The GRA's investigative checks on 70,000 accounts held by Ghanaians in 40 countries revealed a collective sum of GH¢2.8 billion. Following this scrutiny, tax liabilities totaling GH¢1.6 billion were identified on these accounts within a span of two months.
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In a statement to the media, the Commissioner-General emphasized the identified tax liability on these accounts, clarifying that while assessments have been made, the actual collection of taxes from these accounts is yet to be completed. Furthermore, he disclosed the anticipation of additional data in the first week of January 2024, which is poised to further augment the anticipated tax inflows.
This disclosure underscores the GRA's intensified campaign to ensure compliance with tax obligations among Ghanaians residing abroad. The thorough review of overseas accounts signifies a concerted effort to uphold tax integrity and reinforce the nation's revenue generation mechanisms. The GRA's proactive approach seeks to ensure equitable taxation and fiscal responsibility across all segments of the Ghanaian population, demonstrating a commitment to fostering fiscal transparency and accountability.
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