The government in the West African country insists the mobile operator underdeclared its revenue by a third
MTN is fighting a massive tax bill of as much as R13bn in Ghana after allegations by that country’s government that the mobile operator underdeclared its revenue by a third between 2014 and 2018.
“MTN Ghana strongly disputes the accuracy and basis of the assessment, including the methodology used in conducting the audit,” the company said. MTN said it had co-operated with the three-year review process but was now disputing the GRA’s findings after a series of back and forth interactions during that time.
In Nigeria, MTN has had to deal with several cases. In December 2018, the mobile operator was able to resolve an $8bn fine related to repatriated dividends. A $2bn tax bill was revoked in 2020 after MTN contested it. In Nigeria, MultiChoice and the country’s Federal Inland Revenue Service agreed in March 2022 to an amicable resolution of pending tax matters. These had led to a series of lawsuits related to a $4.4bn tax bill.
At the same time, MTN Ghana in November reported slower growth in its fintech business after the implementation of new levies on mobile payments in the country.
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