✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Tribunal dismisses Multichoice’s appeal on $342m tax clearance

The Tax Appeal Tribunal (TAT) has dismissed the appeal by Multichoice Nigeria Limited of a $342 million tax payment backlog to Nigeria, saying the company…

The Tax Appeal Tribunal (TAT) has dismissed the appeal by Multichoice Nigeria Limited of a $342 million tax payment backlog to Nigeria, saying the company did not comply with the rules of appeal.

South Africa’s Multichoice Africa Holdings B.V (MAH) is the owner of DStv, a satellite TV and GOtv a cable television.

In the judgement delivered on Tuesday, the tribunal upheld the preliminary objection of the Federal Inland Revenue Service (FIRS) noting that the company did not comply with Order 3 Rule 6 of the Tax Appeal Tribunal (Procedure) Rules, 2021.

However, MultiChoice in a statement yesterday rejected Tuesday’s ruling of the TAT, which dismissed its appeal against the $342m Value Added Tax (VAT) bill slammed on it by FIRS.

The company said it will lodge an appeal against the ruling at the Federal High Court, adding that the TAT ruling was based on a technicality rather than the merits of the case.

 “MAH respectfully disagrees with the ruling, which was based on a technicality rather than the merits of the case. Therefore, we will be lodging an appeal at the Federal High Court against the ruling.

By Favour Aliyu

LEARN AFFILIATE MARKETING: Learn How to Make Money with Expertnaire Affiliate Marketing Using the Simple 3-Step Method Explained to earn $500-$1000 Per Month.
Click here to learn more.

VAMAZON KDP PUBLISHING: Make $1000-$5000+ Monthly Selling Books On Amazon Even If You Are Not A Writer! Using Your Mobile Phone or Laptop.
Click here to learn more.

GHOSTWRITING SERVICES: Learn How to Make Money As a Ghostwriter $1000 or more monthly: Insider Tips to Get Started. Click here to learn more.
Click here to learn more.

SECRET OF EARNING IN CRYPTO: Discover the Secrets of Earning $100 - $2000 Every Week With Crypto & DeFi Jobs.
Click here to learn more.