Wan Heng Ghana Limited, the manufacturer of Sol Cement, has stated their intention to meet their tax commitments to the country.
This was said in a statement published by the corporation after it was cited for tax evasion by the Ghana Revenue Authority (GRA).
The GRA taskforce imprisoned the corporation for tax evasion totaling over GH700 million.
After a tax examination by the GRA tax enforcement, the Chinese-owned company was cited for corporate income tax and fines, among other things.
According to the GRA, the company has not paid taxes for more than two years and has been asked to settle the amount within 10 days.
The company in a statement said “We acknowledge that we are indebted to the Ghana Revenue Authority for unpaid taxes. We are fully committed to resolving this matter in a responsible and timely manner. We want to reassure our valued customers, stakeholders, and the public that we are taking immediate and proactive steps to address this issue. We are in discussions with relevant tax authorities to develop a structured repayment plan that aligns with our financial capabilities and ensures that our tax obligations are met.”
“SOL Cement remains dedicated to its mission of contributing to the growth and development of Ghana. We understand that paying our taxes is an essential part of fulfilling this commitment. We apologize for any concerns or inconveniences this situation may have caused, and we promise to keep all our stakeholders informed throughout this process,” the company said.
Read the full statement below
By: Rashid Obodai Provencal/Rainbowradioonline.com/Ghana
