MultiChoice agrees to a $37 million tax settlement with Nigerian tax authorities

MultiChoice, the Pan-African broadcaster, has settled a three-year tax dispute with Nigeria’s Federal Inland Revenue Services (FIRS) by paying ₦35 billion (~$37 million). This dispute started in 2021 when FIRS charged MultiChoice with a ₦1.8 trillion ($4.4 billion) tax fraud, leading to a freeze on the company’s bank accounts. Despite allegedly fraudulent tax charges and … Continue reading MultiChoice agrees to a $37 million tax settlement with Nigerian tax authorities