BusinessNews

GIHOC, TOR, 7 other institutions owe GRA GH¢47m in taxes – Commissioner-General

The Ghana Revenue Authority (GRA) has disclosed that nine institutions owe the state a total of GH¢47 million in unpaid taxes as of the end of 2023.

The Ghana Revenue Authority (GRA) has disclosed that nine institutions owe the state a total of GH¢47 million in unpaid taxes as of the end of 2023.

Appearing before the Public Accounts Committee (PAC) on Monday, August 25, 2025, the Commissioner General, Anthony Kwasi Sarpong, said the Authority is taking steps to recover the outstanding amounts.

According to the GRA, the Graphic Communications Group tops the list with a debt of GH¢3.4 million, followed by GIHOC Distilleries with GH¢2.1 million, while the Tema Oil Refinery (TOR) owes GH¢136,000.

Management of the GRA explained that most of the indebted institutions, particularly state-owned enterprises, attribute their inability to pay to persistent cash flow challenges.

In addition to the GH¢47 million, the Authority also revealed that unpaid Value Added Tax (VAT) liabilities amounting to GH¢116 million remain outstanding. This was confirmed by the Commissioner for Domestic Tax Revenue, Edward Apenteng Gyamerah.

Mr. Sarpong assured the Committee that the GRA is intensifying efforts to recover the arrears and ensure compliance across all sectors.

CitiNewsRoom

Related Articles

Back to top button