The Tax Appeal Tribunal, Enugu Division has set aside the Withholding Tax (WHT) assessment of N1.3 billion issued on MTN Nigeria Communications Limited by Anambra State Internal Revenue Service (ASIRS).
The tribunal led by Hon. Barr. Chukwuemeka Eze on Thursday set aside the WHT assessment on MTN for lacking merit.
The tribunal held that the assessment made by the Anambra State Internal Revenue Service on MTN for the period of 2001–2014 was faulty and speculative.
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What happened in court
MTN Nigeria had dragged the state revenue service before the Tax Appeal tribunal over the N1,310,681,786.30 it claimed MTN owed.
While accounting to the Tribunal, MTN said the state IRS had requested it to submit documents needed for a tax audit between 2001-2014 of which it furnished to them with the documents that showed that a tax audit had already been carried out between 2001-2013.
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Tribunal sets aside N1.3 billion Tax Liability Assessment issued on MTN Nigeria by Anambra IRS
by Justina Mboho September 15, 2022
The Tax Appeal Tribunal, Enugu Division has set aside the Withholding Tax (WHT) assessment of N1.3 billion issued on MTN Nigeria Communications Limited by Anambra State Internal Revenue Service (ASIRS).
The tribunal led by Hon. Barr. Chukwuemeka Eze on Thursday set aside the WHT assessment on MTN for lacking merit.
The tribunal held that the assessment made by the Anambra State Internal Revenue Service on MTN for the period of 2001–2014 was faulty and speculative.
RelatedPosts
NANS to shut down airports across the country over ASUU strike
Laws that regulate Nigeria’s troubled oil and gas sectors
What happened in court
MTN Nigeria had dragged the state revenue service before the Tax Appeal tribunal over the N1,310,681,786.30 it claimed MTN owed.
While accounting to the Tribunal, MTN said the state IRS had requested it to submit documents needed for a tax audit between 2001-2014 of which it furnished to them with the documents that showed that a tax audit had already been carried out between 2001-2013.
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According to MTN, the documents revealed that it had discharged its Tax obligations and was not indebted to the Anambra State Internal Revenue Service.
MTN averred that the calculated Demand of Notice assessment was later reduced to N130,311,903.51 without any reason.
According to MTN, the records which it had provided to aid the Tax Audit were not considered.
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