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Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal - TV/Movies - Nairaland

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Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by Doraty1(f): 12:53pm On Aug 25, 2021
A tax appeal tribunal (TAT) sitting in Lagos has ordered Multichoice Nigeria Limited to pay 50 percent of N1.8 trillion to the Federal Inland Revenue Service (FIRS) over alleged tax evasion.

Abdullahi Ismaila Ahmad, FIRS spokesperson, made this known in a statement on Wednesday.

Multichoice is the owner of the satellite television, DSTV, a popular subscription-based platform in Nigeria

The FIRS said it determined through a forensic audit that Multichoice Nigeria Limited had failed to pay to the government of Nigeria taxes worth N1.8 trillion.

The five-member TAT led by A.B. Ahmed, its Chairman, issued the order following an application to it by the counsel to FIRS.

https://www.thecable.ng/tribunal-orders-multichoce-to-pay-50-tax-backlog-before-hearing-appeal/amp

12 Likes

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by Nobody: 1:01pm On Aug 25, 2021
grin. Dollar ni grin grin grin

3 Likes

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by Powerexpert: 1:06pm On Aug 25, 2021
shocked 9ja to get alert, Godwin.

Let's see how this goes.

Last last na settlement go end am.

4 Likes

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by JessWade: 1:27pm On Aug 25, 2021
Do you mean digital goods permanently maintained? I can think of a tone of subscription companies immediately, therefore I think something in your query is lacking.
What about the unlimited kindle? You can keep your e-books or subscription management software as long as you like, but only a limited number can be kept at once.
Have you ever a problem in mind that you wish to solve or merely jump into a bandwagon? You might know that subscription is not the proper monetization choice if you have no product in mind yet.
Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by clarocuzioo(m): 1:43pm On Aug 25, 2021
These criminals.after extorting Nigerians evaded tax?
The thunder that will fire them is.still doing.press up.

20 Likes 2 Shares

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by donproject2(m): 4:24pm On Aug 25, 2021
Owo Tabua...

1 Like

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by money121(m): 4:24pm On Aug 25, 2021
Yimu
Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by blessochampion(m): 4:24pm On Aug 25, 2021
Where are all these Taxes going, if we still have to borrow from China?

12 Likes

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by Tuops: 4:24pm On Aug 25, 2021
Really?

1 Like

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by NaijaCover(m): 4:24pm On Aug 25, 2021
Life No Balance In This Country

1 Like

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by sylve11: 4:24pm On Aug 25, 2021
It took the FIRS this long to know multic choice have not been up.... well, most economies have a fair amount of tax invasion, depending on how their data systems are. cool

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Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by heykims(m): 4:24pm On Aug 25, 2021
Increase in subscription fee imminent

1 Like

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by Optimistguy1969: 4:24pm On Aug 25, 2021
DStv don too rip us off.
In a sane country, premium subscription no suppose pass teeree-five (3,500) cheesy

2 Likes

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by Oarat: 4:24pm On Aug 25, 2021
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Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by AsapBentley: 4:25pm On Aug 25, 2021
900 Billion!!!!!!! grin grin grin

1 Like 1 Share

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by SportsHD: 4:26pm On Aug 25, 2021
grin grin so mzanzis been dey evade tax all these years? I'm sure they might have been paying egunje to some people, way back in 2010 just to evade tax.

It just blew up in their faces now. I hope they don't increase their subscription fees or Air fees for channels under them.


Las las, if they pay kickback to everyone on that panel, pay a fraction of the tax, business can continue as usual. grin

6 Likes

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by MANNABBQGRILLS: 4:26pm On Aug 25, 2021
AsapBentley:

900 Billion!!!!!!! grin grin grin
Nooo, Almost 2 Trillion Naira is the total money they owed shocked shocked shocked
And Yeah, you are right, they are still asked to pay 50% ,of it.
Despite all the money they make from millions of Nigerians , they refused to pay tax
They can never try this in saner climes, Lai lailai!

The FIRS said it determined through a forensic audit that Multichoice Nigeria Limited had failed to pay to the government of Nigeria taxes worth N1.8 trillion

12 Likes 5 Shares

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by fasho01(m): 4:26pm On Aug 25, 2021
Something that will still be embezzled?

2 Likes

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by otokx(m): 4:26pm On Aug 25, 2021
Multichoice makes a whole lot of money from Nigeria, they should settle this matter amicably.
Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by iamyemiakins(m): 4:26pm On Aug 25, 2021
Issokay
Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by nairavsdollars(f): 4:26pm On Aug 25, 2021
They won't pay

3 Likes

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by tmtech: 4:26pm On Aug 25, 2021
Damnnnn... These giants corporations always do all they can to evade tax
Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by venabili: 4:26pm On Aug 25, 2021
Hmmn.

While this may sound like a "serve them right" to most of us "extorted" by Multichoice, the question is if they really evaded tax? This was not confirmed by the TAT. They basically latched on to the provision of the tax law which stipulates that you should pay even if the case is unresolved. So if i am erroneously charged an inflated tax and i am appealing, the law expects me to pay. While most nigerians may not be aware, all the IRS have a propensity to charge inflated tax in the hope that something will "drop" during appeal.
If you win, they simpley refuse to credit you and promise you a tax credit over a number of years. In Nigeria economic clime where the naira loses value per minute, you know what that means.

On a personal note though, this looks like another effort to frustrate South African companies. I'm not justifying tax evasion, but if they fold up in nigeria, we lose their contributions to our economy as well as the job they created. And lets not deceive ourselves, no nigerian company can fill their shoes. We are simply not cut out for such stuffs while we are on nigerian soil. We only excel outside.

7 Likes

Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by GoodBoi1(m): 4:27pm On Aug 25, 2021
.
Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by bigdammyj: 4:27pm On Aug 25, 2021
Noted
Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by emperordelis(m): 4:27pm On Aug 25, 2021
50% that we won't see even when it gets paid..Chairman dey find kickback,if that man gets 10% of this tax,case don end
Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by Pulele: 4:27pm On Aug 25, 2021
grin
Re: Tribunal Orders Multichoice To Pay 50% Tax Backlog Before Hearing Appeal by dangoteinlaw: 4:27pm On Aug 25, 2021
clarocuzioo:
These criminals.after extorting Nigerians evaded tax?
The thunder that will fire them is.still doing.press up.
shut up the ones that have been paying taxes what stopped the old vagabonds from looting it all.

3 Likes

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