Ghana Revenue Authority (GRA) has rated transparent, its tax assessment conducted on MTN Ghana between 2014 and 2018.
GRA emphacized, “The audit was conducted as required by law, adhering to the principles of fairness and transparency,” the GRA said in reaction to a statement issued by MTN Ghana after a Notice of Tax Assessment was served by the Authority on the January 10, 2023.”
In a statement, the Assistant Commissioner, Communication & Public Affairs, Florence Asante, observed that, section 36 of the Revenue Administration Act 2016, (Act 915), mandates the Commissioner-General to audit the tax affairs of a person; “and it is in accordance with this provision that the Authority conducted a Tax audit on MTN Ghana for the tax period 2014 to 2018.”
She continued; section 42 of Act 915 also prescribes the ways in which a person can object to a tax assessment that is served by the Commissioner-General.
“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,” the statement hinted.
The statement further explained, MTN Ghana has been reminded at all times in the Authority’s interactions with the Telco, about their right to object to any tax decision by the Commissioner-General.
It stated, MTN Ghana has been audited severally in the past and has received countless awards as a compliant taxpayer; however, “these do not in any way prejudice the conduct of audits as required by Law.”
The GRA served a reminder note to taxpayers, of their obligations under the tax Laws to declare and pay the right amount of tax (es) as well as the mandate of GRA to ensure that all businesses pay the right amount of tax.