Responding to claims by the FIRS that it (MultiChoice) defaulted in tax payment to the tune of N1.8 trillion, the South African firm, in a statement, yesterday, said: “MultiChoice Nigeria has not received any notification from FIRS. MultiChoice Nigeria respects and is comfortable that it complies with the tax laws of Nigeria. According to FIRS, the issue with tax collection in Nigeria, especially from foreign-based companies conducting businesses in Nigeria and making massive profits is frustrating and infuriating to the body. It said: “Regrettably, companies come into Nigeria just to infringe on our tax laws by indulging in tax evasion. However, when it comes to tax compliance, some companies are found wanting.

Source: The Guardian July 09, 2021 03:45 UTC