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MultiChoice Africa Rejects Tax Tribunal Ruling, Seeks Appeal
MultiChoice Africa Holdings (MAH), the parent company of MultiChoice Nigeria, has rejected Tuesday’s ruling of the Tax Appeal Tribunal (TAT), which dismissed its appeal against the $342million Value Added Tax (VAT) bill slapped on it by the Federal Inland Revenue Service (FIRS).
The firm, made its position known in a statement released on Wednesday evening, also stated it will lodge an appeal against the ruling at the Federal High Court, adding that the TAT ruling was based on 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.
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“This tax appeal is a separate and distinct matter from the appeal launched by MultiChoice Nigeria (MCN), in which the TAT found in MCN’s favour last week, allowing it to proceed with that appeal,” the company stated
It will be recalled that last week, the Tax Appeal Tribunal (TAT) had ruled that Multichoice had met the conditions to appeal against the N900 billion levied on it by Federal Inland Revenue Service (FIRS).
MultiChoice Africa is the operator of DSTV, GOTV and ShowMax which is rated as the Africa’s biggest pay-TV provider.