— – contributes over GHc560M to tax revenue
The Ghana Revenue Authority (GRA) has named Newmont Ghana the country’s Overall Largest and Best Taxpayer for 2017 under its Large Taxpayer Office at its annual awards ceremony to honour employees and other stakeholders. In 2016, the company emerged second Overall taxpayer.
This award recognizes Newmont Ghana for consistently meeting its tax obligations, complying with the tax laws and the company’s and willingness to support the GRA’s tax collection and compliance improvement initiatives.
Newmont Ghana’s operations in Ahafo and Akyem contributed over GHc 560 million in taxes, royalties and levies to the government bringing its total tax payments since 2004 to about GHc 2.8 billion.
“We are honoured to be recognized for our contributions to national development last year. It is rewarding to see that our continued partnership with the Government and other stakeholders is creating shared value for our communities and the broader Ghanaian community,” said Kwame Addo-Kufuor, Chief Financial Officer – Newmont Africa.