MultiChoice Africa Fingers Tax Tribunal’s Ruling, Reveals Next Action

MultiChoice Africa Holdings (MAH), the parent company of MultiChoice Nigeria, has discarded Tuesday’s ruling on the Tax Appeal Tribunal (TAT), which dismissed its appeal against the $342million Value Added Tax (VAT) bill dished out to it by the Federal Inland Revenue Service (FIRS).

Brand News Day Nigeria reports that MultiChoice Africa has challenged the Tax Tribunal’s Ruling over its castrated decision which it described as ”based on a technicality rather than the merits of the case”.

MultiChoice Africa Fingers Tax Tribunal’s Ruling, Reveals Next Action

This online platform noted that the company, made this disclosure in a statement on Wednesday evening, adding that it will lodge an appeal against the ruling at the Federal High Court.

According to MultiChoice Africa, ‘the TAT ruling was based on a technicality rather than the merits of the case’.

“MAH respectfully disagrees with the ruling, which was based on a technicality rather than the merits of the case. Therefore, we will be lodging an appeal at the Federal High Court against the ruling.

“This tax appeal is a separate and distinct matter from the appeal launched by MultiChoice Nigeria (MCN), in which the TAT found in MCN’s favour last week, allowing it to proceed with that appeal,” the company stated