The study also said that SML did not file returns or send these taxes to GRA, which was a violation of its legal obligations.
The report stated that as of January 31, 2024, SML owed GRA GH¢18.50 million in accrued interest on its tax liability, in accordance with Section 71(1) of the GRA Act.
It further stated that as a result, SML has incurred a total liability of GH¢31.88 million.
The report also stated, “We discovered the disparity during our review and notified GRA, which prompted their subsequent correspondence with SML, requesting payment of the outstanding amount.”
