The Ghana Revenue Authority (GRA) has stepped up efforts to ensure that all tax defaulting companies honour their obligations to the state in order for the authority to meet its revenue target for the year.
Consequently, the authority has ordered seven directors of three companies to report to its Domestic Tax Division for discussions on their tax liability.
The three companies have had a total of GH¢22.6 million outstanding as tax liability for some time now, according to a notice published in the January 13 edition of the Daily Graphic.
The publication listed the defaulting companies as Gold Shop Limited with a tax liability of GH¢548,454.46, ISQ Resources Ghana Limited with a tax liability of GH¢9.98 million and Italtec Ghana Limited with a liability of GH¢12.02 million.
It also included the tax identification numbers (TINs) of the companies and the names of seven directors, who it said must report to the Commissioner of Domestic Tax Division of the GRA.
Failure to report