The Tax Appeal tribunal sitting in Lagos has ordered MTN Nigeria Communications Limited to pay $72,551,059 million (N57.5bn at N795 to a $1) in tax default to the Federal Inland Revenue Services (FIRS), between the years 2007 to 2017. The panel freed the telecommunication firm from paying the sum of $21,039,807 million, as penalties and interest on the principal sum. A five man-panel led by Professor A. B. Hamed, made the above declaration and order, while delivering judgment in an appeal numbered TAT/LZ/VAT/075, filed by the telecommunication company against the…
Read MoreCOURT ORDERS MTN TO PAY N57.5 BILLION TAX DEBT TO FG
