South Africa calls on MTN, Ghana to resolve $773m tax dispute

Naledi Pandor, the foreign minister of South Africa, has urged the Ghana Revenue Authority and telecommunications provider MTN Group to resolve a $773 million tax dispute.

MTN stated earlier this month that the Ghana Revenue Authority had issued a demand for back taxes to the company’s subsidiary MTN Ghana after auditing it for the years 2014 to 2018 and concluding that it had understated its revenue by around 30% during that time.

ALSO CHECK: Known LGBTQ activist crowned chief in Central Region

MTN, which has a presence in 19 countries in Africa and the Middle East, said at the time that it disputed the “accuracy and basis” of the assessment and that it would fight it.

Minister Pandor was briefed on the issue this week and called “on the parties involved to do everything possible to find an amicable solution,” South Africa’s Department of International Relations and Cooperation said in a statement.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

1 thought on “South Africa calls on MTN, Ghana to resolve $773m tax dispute

Leave a Reply

Your email address will not be published. Required fields are marked *