R1.4-billion wanted in back taxes from MTN by the Tax Appeal Tribunal
MTN Group has revealed that it is currently reviewing a demand by a Nigerian tribunal for unpaid taxes. According to documents verified by two government officials, the Lagos-based Tax Appeal Tribunal has called out the telecommunications to pay US$72.6-million (about R1.4-billion). In response to questions, MTN said: “We are reviewing the decision of the tribunal
R1.4-billion-wanted-in-back-taxes-from-MTN-by-the-Tax-Appeal-Tribunal
MTN Group has revealed that it is currently reviewing a demand by a Nigerian tribunal for unpaid taxes.
According to documents verified by two government officials, the Lagos-based Tax Appeal Tribunal has called out the telecommunications to pay US$72.6-million (about R1.4-billion).
In response to questions, MTN said: “We are reviewing the decision of the tribunal and will comment on this when we release our trading statement.”
There has been a high increase in Africa’s biggest mobile operators being caught up in tax disputes on the continent.
This is not the first time MTN finds itself in hot water with Nigeria, as it was also victorious in a conflict in the country back in 2020, when the government dropped a $2-billion claim for back taxes after a 16-month battle.
