South African company and leading pay TV service provider in Nigeria, MultiChoice, has prepared grounds to appeal a $4.4 billion tax claim by the Federal Inland Revenue Service (FIRS). The company stated on Wednesday that its Nigerian unit had obtained clearance from a tax tribunal to proceed and institute the appeal after paying a $19.4m […]
Barely 24 hours after Tax Appeal Tribunal (TAT) Lagos directed it to pay N900 billion (about $2.2 billion) which is 50 percent of a disputed N1.8 trillion ($4.38 billion) outstanding tax liabilities to the Federal Government relating to its previous years’ operations, MultiChoice Nigeria Limited has countered the order. The company, which is a division […]