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General News of Saturday, 22 August 2015

Source: starrfmonline.com

Wisconsin uni faces closure over GHC600k unpaid tax

The Wisconsin University was almost closed down Friday by the Ghana Revenue Authority’s taskforce due to unpaid taxes in excess of GHC600,000.

According to the GRA, the university has failed to pay its taxes from 2010 to 2013.

Starr FM’s Osei Owusu Amankwaah who was with the taskforce reported that the chairman of the university's council Justice Dotse and board chair Dr Emmanuel Owusu signed an undertaken to pay 50% of the arrears August 24.

The GRA is embarking on an operation to lock up all companies that are in tax arrears.

The task force was set up August 3, 2013 and has visited 324 delinquent tax payers and have retrieved about GHC12.4 million for the state.

The taskforce, however, sealed the offices of Margins ID Systems for owing Gh¢2,095,387.06 from July 2013 while the International Energy Insurance Company had its premises locked for owing well over GHC1.3 million.

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