MTN will keep challenging Ghana's back-tax fine if talks fail

[Hanno Labuschagne]

MTN will keep challenging Ghana's back-tax fine if talks fail

MTN Group Ltd., Africa’s largest wireless carrier, plans to start a dispute resolution process if talks with Ghanaian authorities over a surprise 8.2 billion GHS (R11.7-billion) back-tax bill it received last week fail.

Before starting that process, the company is engaging with authorities to resolve the unexpected bill that came after the Ghanaian tax agency switched to a new methodology to track call data records based on the advice of a third-party consultant, Group Chief Executive Officer Ralph Mupita said Monday on an investor call.

[Bloomberg]

 

[Nephew_]

Wow, just greediness :-( African governments wanting to grab a piece of a pie

 

[epah]

Do what you can MTN. These governments cant keep stealing tax money.

 

[Longboi]

They should just move out of Ghana and make a point. These greedy nations always want more, whether by begging or stealing recently.

 

[TelkomUseless]

Cost of making money in Africa. Surprise tax aka bribes has to be paid.