Briefing the press, Mr Henry Sam, the National Compliance Coordinator, said the Taskforce would undertake its task driven by intelligence and information obtained from third parties such as contracts awarded by Ministries, Departments and Agencies, among others.

He said the Tax Compliance Checks undertaken by the eight Task Force Monitoring Teams in collaboration with Tax Offices nationwide enable the GRA to collect tax revenues amounting to GH¢183.55 million between January 1, 2016 and December 31, 2016 from recalcitrant taxpayers.

The amount collected is GH¢44.73 million more than the GH¢138.82 million collected in 2015.

Mr. Sam said key irregularities identified during the compliance checks included poor record keeping, non-submission of tax returns by some registered taxpayers, failure to provide valid invoices or receipts, double and multiple financial statements.

Other challenges, he said, included over reliance on provisional assessment as Final Tax, concealed income and false claim of exemptions without documentary proof among others.

The Irregularities, he said, did not only constitute infractions of the Tax Laws and Regulations but also tax evasion and therefore the need for the Tax Compliance Checks to block revenue leakages and to maximize Tax Revenues.

Mr Sam appealed to taxpayers, who were in arrears, to regularize voluntarily their tax issues to avoid penalties and prosecution.