The Ghana Revenue Authority (GRA) has reopened Glo Ghana’s Industrial Area office after it was closed down in July 2017 for failing to pay taxes.<\/p>\n
The office was closed down following the telecom company’s failure to pay taxes since 2016.<\/p>\n
The Head of the Task Force at the GRA, Henry Bradford Sam confirmed the reopening to\u00a0Citi Business News<\/strong>\u00a0on Tuesday, September 5, 2017.<\/p>\n According to him, Glo has settled 1.3 million Ghana cedis out of the 11, 884,396.89\u00a0million cedis owed the Authority.<\/p>\n \u201cAfter Glo was closed down, what happened was that they appealed to the Commissioner General for a special dispensation to pay the tax in installments so an arrangement was made for them to effect payment. They have made a first payment of 1.3 million Ghana cedis out of the 11.8 million cedis\u201d he disclosed.<\/p>\n The GRA’s decision to close Glo’s office was also after the company was given about a year to discuss modalities of payment with the GRA but refused.<\/p>\n Two other companies, Ohene Media and Kingsman Trading Company were closed down for owing GHS367, 586.37 and GHS42016566.58 respectively at the time.<\/p>\n Mr. Henry Bradford Sam\u00a0tells\u00a0Citi Business News<\/strong>\u00a0an additional 1.3 million Ghana cedis is to be settled this month to avoid another confrontation from them.<\/p>\n \u201cSubsequently, they will be making monthly payments until the amount owed is fully liquidated. They are to make additional payment this month.\u201d<\/p>\n He explains that the GRA were obliged to return their keys to them after the initial settlement per the agreement between the two institutions.<\/p>\n \u201cOnce the satisfactory payment had been made, we had to open the office for them to commence full operations.\u201d<\/p>\n He was however quick to add that the GRA will not hesitate to take action if they fail to continue with the payment terms.<\/p>\n \u201cWe will take a distress action if they fail to honor the payment methods as agreed by the Commissioner General,\u201d he assured.<\/p>\n –<\/p>\n By: Jessica Ayorkor Aryee\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":" The Ghana Revenue Authority (GRA) has reopened Glo Ghana’s Industrial Area office after it was closed down in July 2017 for failing to pay taxes. The office was closed down following the telecom company’s failure to pay taxes since 2016. The Head of the Task Force at the GRA, Henry Bradford Sam confirmed the reopening […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[32,171,718,11],"tags":[],"class_list":["post-351056","post","type-post","status-publish","format-standard","hentry","category-business","category-local-economy","category-telecoms","category-top-stories"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/351056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=351056"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/351056\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=351056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=351056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=351056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}