Mr. Festus Dowu Thompson, supervisor for the Income Tax Department at the National Revenue Authority (NRA) disclosed that when they realized that there were arrears for FCC in relation to payment of their employees Pay As You Earn (PAYE) tax they sent a letter to inform them about their debt and later went to see them for further discussion and they entered into an agreement with a payment plan involving a member of the Debt Management Unit of NRA and Officers of FCC.
“Prior to the plan FCC made payment of forty three million six hundred and forty thousand nine hundred and seventy three Leones (Le43,640,973) for the period September 2009 to July 2010 as part payment as indicated in the document,” said Mr. Thompson.
The matter comes up again today