{"id":419298,"date":"2011-05-07T18:08:10","date_gmt":"2011-05-07T18:08:10","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/07\/accra-brewery-says-it-will-cooperate-with-tax-audit\/"},"modified":"2011-05-07T18:08:10","modified_gmt":"2011-05-07T18:08:10","slug":"accra-brewery-says-it-will-cooperate-with-tax-audit","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/07\/accra-brewery-says-it-will-cooperate-with-tax-audit\/","title":{"rendered":"Accra Brewery says it will cooperate with tax audit"},"content":{"rendered":"
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You Are Here: Home<\/a> \u00bb General News<\/a>, Lead Story<\/a> \u00bb Accra Brewery says it will cooperate with tax audit<\/p>\n

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Page last updated at Saturday, May 7, 2011 18:18 PM \/\/ <\/span><\/div>\n

\"\"<\/a>Accra Brewery Limited (ABL), the Ghana subsidiary of brewing giant, SABMiller, says it will cooperate with the country\u2019s tax authorities if they decide to do a tax audit of the company.<\/p>\n

Five African countries South Africa, Ghana, Zambia, Tanzania and Mauritius have decided to work together to examine the brewer\u2019s tax affairs.<\/p>\n

The five nations have come together under the auspices of the African Tax Administrators Forum (ATAF) to look at the group\u2019s tax payments after a critical report into the brewer\u2019s tax affairs last November by UK charity ActionAid International.<\/p>\n

The report which was released in London Monday November 29, 2011, and titled \u201cCalling Time: Why SABMiller should stop dodging taxes in Africa\u201d detailed what it says are SABMiller\u2019s strategy to dodge taxes in Ghana and other African countries.<\/p>\n

SABMiller however rejected the report claiming it contained a number of flawed and inaccurate assumptions.<\/p>\n

ABL officials in Ghana following our publication of a story on the report, also called ghanabusinessnews.com on December 2, 2010 and equally rejected the report.<\/p>\n

In response to the latest development, Ms. Adjoba Kyiamah, Corporate and Legal Affairs Manager of ABL said in an email to ghanabusinessnews.com, \u201cWe have not received any notice of a tax audit of our operations in Ghana.\u00a0 However we are happy to cooperate, as always, with the authorities if they do decide to conduct one.\u201d<\/p>\n

The investigation is expected to focus on SABMiller\u2019s transfer pricing strategies which ActionAid said led to the avoidance of millions of pounds of taxes in Africa every year.<\/p>\n

According to ActionAid, Ghana has lost about GH\u00a22.2 million in unpaid taxes from ABL, through what it describes as unethical practices.
By Emmanuel K. Dogbevi<\/p>\n\n

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\nAccra Brewery says it will cooperate with tax audit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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