MTN Ghana has received a bill for back taxes of around GHS8.21 billion (USD664 million), including penalties and interest charges, the company announced on Friday.
The Ghana Revenue Authority (GRA) issued a notice of the tax liability assessment after an audit determined the operator had under-declared its revenue by more than 30% for the five-year period 2014-2018.
In a statement, MTN Ghana said it ‘strongly disputes the accuracy and basis’ of the assessment and believes all taxes due have been paid for the period.
‘MTN Group and MTN Ghana will continue to engage with the relevant authorities on this matter and MTN remains resolute that MTN Ghana is a tax-compliant corporate citizen,’ it added.
