Resident persons risk prosecution for failure to disclose incomes – GRA

Ghanaian Times

Resident persons risk prosecution for failure to disclose incomes – GRA

Resident persons who fail to disclose their income earned from abroad for tax regularisation risk sanctions including criminal prosecution, the Ghana Revenue Authority (GRA) has cautioned. Commissioner-General of GRA, Julie Essiam, said the Authority would further impose penalties for making false or misleading state­ment, as specified under section 74 of the Revenue Administration Act 2016 (Act 915), and administrative non-compliance and Tax Ac…