More than 10 companies charged for tax offences at newly created Tax Court November 23, 2021 110
The Tax Court, a Division of the High Court, was established by the Chief Justice, Justice Kwasi Anin Yeboah, to hear tax-related offences in Accra.
More than 10 companies have been charged with various offences, including failure to pay tax on due date, contrary to section 80 of the Revenue Administration Act, 2016 (Act 915) and making false or misleading statements to the Ghana Revenue Authority (GRA) at the newly created Tax Court, which commenced hearings on October 29, 2021.
The companies involved are Orient Energy, Sky Petroleum, Maiga H.H.M Company Limited, M.M Energy & ANOR, Warren Oil, Union Oil, Titan Petroleum Company Limited and Hossana Oil Company Limited.
The rest are Sawiz Petroleum, Karela Oil Company limited, Humano Energy Company Limited, Q8 Oil Company Limited, Sephem Oil Company Limited, Mansell Ghana Limited and Monex Mining.
Representatives of the companies appeared before the court and were granted bail in different sums.
According to a statement from the GRA, the sanctions for these offences include sale of company assets, imprisonment and personal liability on the respective Directors and Officers involved.
The cases are also being prosecuted by legal officers of the Ghana Revenue Authority.
The cases have been adjourned until December 17, 2021.
The Tax Court, a Division of the High Court, was established by the Chief Justice, Justice Kwasi Anin Yeboah, to hear tax-related offences in Accra.
The Court is currently located within the Supreme Court building and uses the Court of Appeal (Criminal Division) to conduct proceedings.
The Court is presided over by Justice Margaret Welbourne, a Court of Appeal Justice, sitting with additional responsibility as a High Court Judge.
