The Commissioner General of GRA, Emmanuel Kofi Nti, said it is shocking that the second largest regional economy was performing poorly with regards to tax revenue.
The Commissioner General of GRA, Emmanuel Kofi Nti, said it is shocking that the largest regional economy after Greater Accra Region was performing poorly with regards to tax revenue.
“Considering the level of economic activities in the Ashanti Region, one would expect that the region will contribute about 10 or more percent to the national revenue.”
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“In fact, it should more than double its contribution because, with the kind of growth, buildings springing up, and business activities...it shouldn’t be four percent. This is an issue that all of us must address,” he added.
He was speaking at an interactive forum between the revenue agency and the business community in the region as part of its tax campaign dubbed, “Our Taxes Our Future” on Wednesday.
He encouraged the general public to report those who evade taxes. He added that a 10% of offender’s penalty will be given to persons who report tax-evading individual and institutions.
“From this forum, people are beginning to accept that Ashanti Region can and must do more. We must widen the tax net and get the informal sector to pay their tax, so the issue of taxpayer identification is key and it is the way to go. We want the participation of the stakeholders to encourage tax obligation,” he said.