FIRS appoints banks to recover N1.8trn taxes from DSTV - News Summed Up

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FIRS appoints banks to recover N1.8trn taxes from DSTV


Chairman of Federal Inland Revenue Service (FIRS) Mohammad Nami said he has appointed all deposit money banks where MultiChoice Nigeria Limited (MCN) and MultiChoice Africa (MCA), owners of DSTV maintain accounts as agents to recover N1.8 trillion outstanding taxes. Scandalously, FIRS added, the parent company, which provides services to MCN has never paid Value Added Tax (VAT) since its inception. A statement fro FIRS on Thursday morning accused the companies of continued refusal to grant FIRS access to its servers for audit. “The level of non-compliance by Multi-Choice Africa (MCA), the parent Company of Multi-Choice Nigeria (MCN) is very alarming. FIRS appoints banks to recover N1.8trn taxes from DSTV


Source: Nigerian Tribune July 08, 2021 10:08 UTC



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