The Anambra State Internal Revenue Service (ASIRS) audited MTN Nigeria Communications Limited (MTN or “the Company”) for 2001-2014 after which it assessed the Company to N1.3b WHT liability. MTN submitted a series of objections until ASIRS issued a final assessment of N130,311,903.51. In response, MTN filed an appeal at the Tax Appeal Tribunal (TAT or the Tribunal).
The TAT held that the basis for the ASIRS' additional assessment on MTN was not supported by documentary evidence and as such was not tenable. Taxpayers are encouraged to object to assessments which are not backed by documentary evidence and seek redress in court where necessary.
Please read our Tax Alert on this below: