{"id":411358,"date":"2021-08-25T17:10:48","date_gmt":"2021-08-25T15:10:48","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=411358"},"modified":"2021-08-25T17:11:58","modified_gmt":"2021-08-25T15:11:58","slug":"multichoice-ordered-to-pay-r33-billion-tax-backlog","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/broadcasting\/411358-multichoice-ordered-to-pay-r33-billion-tax-backlog.html","title":{"rendered":"MultiChoice ordered to pay R33 billion tax backlog"},"content":{"rendered":"<p>MultiChoice Group was ordered by an appeal tribunal in Lagos to pay 50% of a 1.8 trillion naira (R65 billion) disputed tax backlog imposed on it by Nigerian authorities.<\/p>\n<p>The amount is a deposit and condition of the pay-TV company\u2019s case being heard, the Federal Inland Revenue Service says in an emailed statement on Wednesday. The case has been adjourned for hearing on Sept. 23.<\/p>\n<p>MultiChoice stock slumped 6.6% as of 4:33 p.m. in Johannesburg, hitting near 11-month lows.<\/p>\n<p>The company wasn\u2019t able to immediately comment when contacted by Bloomberg.<\/p>\n<p>Nigeria\u2019s tax authority asked lenders to freeze MultiChoice\u2019s local bank accounts to recover the alleged tax arrears last month.<\/p>\n<p>The decision came after Johannesburg-based MultiChoice refused to grant access to its servers for an audit, Nigeria\u2019s Federal Inland Revenue Service said at the time.<\/p>\n<h3 class=\"my-4\">Now read: <a href=\"https:\/\/mybroadband.co.za\/news\/broadcasting\/406988-r63-billion-multichoice-tax-bill-what-to-expect.html\">R63 billion MultiChoice tax bill \u2014 what to expect<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>MultiChoice was ordered by an appeal tribunal in Lagos to pay 50% of a 1.8 trillion naira (R65 billion) disputed tax backlog imposed on it by Nigerian authorities. <\/p>\n","protected":false},"author":341034,"featured_media":411362,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[24],"tags":[35,475],"class_list":["post-411358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broadcasting","tag-headline","tag-multichoice"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/411358"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341034"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=411358"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/411358\/revisions"}],"predecessor-version":[{"id":411360,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/411358\/revisions\/411360"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/411362"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=411358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=411358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=411358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}