The Federal Government is asking MTN Nigeria to pay fresh N2bn tax arrears on imported equipment and payments to suppliers.

It was gathered that the Attorney General of the Federation, Abubakar Malami, in a letter to the company, said the tax arrears dated back to 10 years.

“The Attorney General notified MTN that his office made a high-level calculation that MTN Nigeria should have paid approximately $2bn in taxes relating to the importation of foreign equipment and payments to foreign suppliers over the last 10 years,” a statement signed by the Public Relations Manager, MTN Nigeria Limited, Funso Aina, stated on Tuesday.

This fresh demand is coming barely one week after the Central Bank of Nigeria asked the telecommunication company and its bankers to repatriate $8.1bn it allegedly paid as dividends between 2007 and 2015.

However, MTN Nigeria said an initial assessment of the period indicated that total payments made to the tax authorities in regard to the foreign imports and payments amounted to $700m, saying it had fully settled all taxes on the imports under scrutiny.

The company said after it presented its documentation to the Nigerian authorities, the government insisted on recovering the $2bn from it.

The latest demands come two years after MTN, Africa’s biggest telecoms company, agreed to pay more than $1bn to end a dispute with Nigeria over unregistered SIM cards and agreed to list on its stock exchange as part of the settlement.

Source: https://punchng.com/fg-demands-fresh-2bn-tax-arrears-from-mtn/

What are they saying? MTN was granted pioneer tax status in Nigeria for 10 years, when they first started operations. And most of their equipment are bought and installed by their sub-contractors, who pay the customs duties and taxes, at point of entry. So which one is non-payment of taxes for the past 10 years for goodness sake?

Tax the hell out of MTN the fraudulent network

They tricked me to buy 5 gig and get 5 gig , i bought it and never got the promo


Even their 5 gig data doesn't last a month , upon the whole self to watch video of 1hr 45 mins you have to wait for 3 hours for it to stream


Tax them for the future if possible


MTN Oshi

Damn!!!

MultiChoice is next.

Then Shoprite with its chain of expired/repackaged/Substandard products to seal the fate of these economic capitalists from the South of Africa.

By the time Nigeria is through, they will understand that the "Giant" in the "Giant of Africa" is not a joke if we decide to be woke.

You people are looking for money for 2019. Thief's

Na wa for MTN, always having issues with Nigeria's regulatory authorities.

It appears this government is not easily compromised.

who are the federal government ??

Centcanada:
You people are looking for money for 2019. Thief's

A

LaudableXX:
What are they saying? MTN was granted pioneer tax status in Nigeria for 10 years, when they first started operations. And most of their equipment are bought and installed by their sub-contractors, who pay the customs duties and taxes, at point of entry. So which one is non-payment of taxes for the past 10 years for goodness sake?

Ten years ago is 2008. When did MTN start operations in Nigeria?,

Gbese

Good for MTN. Let them pack their things if they can not pay up.

This people would kill off the remaining foreign business cred we have as a nation.

Tell me why any other business would like to do business in Nigeria after what has happened to MTN and Etisalat. They want to chase MTN out as they did etisalat so they can share it among their cronies.

Good.

They should pay. They can't be taking our money (profit of course) to SA and not pay tax to our government.

FG kuku ma kill MTN instead of these shot and hide tactics.

Useless government!

When did MTN start operations in Nigeria?,

LAST WEEK.

FG have mercy on dem now

Menh isn't this too much at the same time. Na wa o. Foreign investors better act right and never copy your Nigerian counterpart o.

Silly demands.

Are they bent on robbing peter in order to pay Paul?

Why do they want to kill MTN by all means?

Shithole things?

Must this all perverted congress destroy every interest except theirs.

[quote author=Jerrypolo post=70901213]


Ten years ago is 2008. When did MTN start operations in Nigeria?,[/quote

Yesterday]

Buhari really wants to close this company down ...Buhari is a sadist criminal

The Nigerian govt is definitely up to some thing

naijapips04:
This people would kill off the remaining foreign business cred we have as a nation.

Tell me why any other business would like to do business in Nigeria after what has happened to MTN and Etisalat. They want to chase MTN out as they did etisalat so they can share it among their cronies.

.is ur reason enough to allow them to operate even when they reaping u dried?

not just mtn, but all these foreign companies.
they contriubuted to inadequacy in our fiscal policies.
launder money uncontrolably

MTN will surely collect diz money from us "Subscribers"

RevenGeMission:
Tax the hell out of MTN the fraudulent network

They tricked me to buy 5 gig and get 5 gig , i bought it and never got the promo


Even their 5 gig data doesn't last a month , upon the whole self to watch video of 1hr 45 mins you have to wait for 3 hours for it to stream


Tax them for the future if possible


MTN Oshi

MTN would finally close off. Thousands of Nigerians working there would be without job. The only reliable Telco we have would be a shadow of itself, just like etisalat.

Hope you enjoy your vengeance.

origima:


.is ur reason enough to allow them to operate even when they reaping u dried?

Reaping you dry how? Can you explain further?

RevenGeMission:
Tax the hell out of MTN the fraudulent network

They tricked me to buy 5 gig and get 5 gig , i bought it and never got the promo


Even their 5 gig data doesn't last a month , upon the whole self to watch video of 1hr 45 mins you have to wait for 3 hours for it to stream


Tax them for the future if possible


MTN Oshi

last last na me and you go pay am.��