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GRA Targets Offshore Income in Expanded Tax Compliance Drive

2 months ago
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GRA Targets Offshore Income in Expanded Tax Compliance Drive

The Ghana Revenue Authority (GRA) has intensified enforcement on residents earning income abroad as part of a wider effort to boost domestic tax compliance and close long-standing revenue gaps.

Commissioner-General Anthony Sarpong revealed that more than 1,000 letters have been dispatched to Ghanaians with offshore assets and income, directing them to reconcile foreign tax payments with their domestic obligations.

Speaking at the 2025 Annual International Tax Conference, Mr. Sarpong noted that the exercise is being facilitated by international data-sharing systems under the automatic exchange of information framework.

“This is an area where we have put it in a very high gear. We have a team that is strongly working on it because we have a hub in the global network. Today, if you have investments, assets, and you are earning income outside Ghana, we do receive this information. We are working to ensure that if they have paid taxes on those assets outside, we can now compare with what they ought to pay in Ghana, and if there is any differential of those taxes, Ghana can also earn its fair share,” he said.

The enforcement initiative, officials say, is aimed at widening the tax net and securing fair taxation from residents benefiting from global investment income. It also forms part of the government’s broader fiscal consolidation strategy to strengthen non-oil revenue mobilisation.

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