• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home General

‘Tax dispute’ Court instructs DSTV to pay 50% of N1.8trn tax revenue to Federal government

Freelanews by Freelanews
August 25, 2021
in General
0
WhatsApp Image 2021 08 25 at 6.59.12 PM

The Tax Appeal Tribunal (TAT) sitting has ordered Multichoice Nigeria Limited, owners of popular cable television services, DSTV, to pay 50 per cent of N1.8 trillion tax revenue which the Federal Inland Revenue Service (FIRS) said they had failed to remit to the federal government.

A statement by Abdullahi Ismaila Ahmad, PhD, Director, Communications and Liaison Department, Federal Inland Revenue Service said the five-member TAT team, led by its Chairman, Professor A.B. Ahmed, issued the order following an application to it by the Counsel to FIRS.

Multichoice Nigeria Limited had filed the suit at the Lagos office of TAT following its dispute over FIRS’ issuance of Notices of Assessment and Demand in the sum of N1, 822, 923,909,313.94k on 7 April 2021.

The amount according to the FIRS was due in taxation to the Federal Government of Nigeria from Multichoice after an investigation over several months to determine the extent to which Multichoice has been evading taxes in Nigeria.

However, at Tuesday’s hearing of the matter, Multichoice Nigeria Limited amended its Notice of Appeal and thereafter sought through its counsel, Bidemi Olumide for an adjournment of the proceedings.

The request for adjournment it said is to enable it respond to the FIRS’ formal application for Accelerated hearing of the Appeal directing Multichoice to produce before the Tribunal the integrated Annual report and Management Account Statements of Multichoice Group Ltd for Tax Years 2012 to 2020., among other prayers.

Reacting, the FIRS Counsel prayed that Multichoice be issued an order requiring to make a statutory deposit of 50% of the disputed sum.

After hearing arguments from both sides, TAT upheld the FIRS submission and directed Multichoice Nigeria Limited to deposit with the FIRS an amount equaling 50 per cent of the Assessment under the Appeal plus a sum equal to 10% of the said deposit as a condition precedent for further Hearing of the Appeal.

TAT adjourned the Appeal to 23 September 2021 for the report of compliance with its order and continuation of the hearing, subject to compliance with the Tribunal’s order.

freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.

Related Posts

zinoleesky mohbad
General

‘No Search Warrants’ NDLEA storms Marlian musicians, Mohbad, Zinoleesky’s house overnight, manhandles, arrests them (Watch)

by Rtn. Victor Ojelabi
February 24, 2022
IMG 20240130 WA0026 1 780x470 1
General

Nigeria loses $3 billion annually to open defecation – Minister

by Quadri Olaitan
January 31, 2024
2027: APC kicks as PDP backs call for Jonathan’s return
General

2027: APC kicks as PDP backs call for Jonathan’s return

by Quadri Olaitan
August 21, 2024
court court
General

‘Run to court for divorce’ Reason behind high rate of separation among young couples, official narrates

by Rtn. Victor Ojelabi
March 17, 2022
Untitled 1 10
General

COVID-19 shutdown: Pastor arrested for violation

by Freelanews
March 29, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Expert businessman giving interview at a conference, surrounded by journalists with microphones, showcasing leadership and communication skills in the professional event.

Adebayo Adelabu unveils N700bn metering plan

October 28, 2025
Kwara Cancer

Kwara cancer screening boosts early detection drive

October 28, 2025
Nestoil

Nestoil placed under receivership over $1bn debt

October 28, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Expert businessman giving interview at a conference, surrounded by journalists with microphones, showcasing leadership and communication skills in the professional event.

Adebayo Adelabu unveils N700bn metering plan

October 28, 2025
Kwara Cancer

Kwara cancer screening boosts early detection drive

October 28, 2025
Nestoil

Nestoil placed under receivership over $1bn debt

October 28, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
October 2025
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Hot!

Expert businessman giving interview at a conference, surrounded by journalists with microphones, showcasing leadership and communication skills in the professional event.

Adebayo Adelabu unveils N700bn metering plan

October 28, 2025
Kwara Cancer

Kwara cancer screening boosts early detection drive

October 28, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.