Nigeria: Multichoice promises to work with FIRS to prove tax compliance

Multichoice Nigeria has promised to work with the Federal Inland Revenue Service (FIRS) to prove its tax compliance.

The Pay TV firm disclosed this in a statement released on Thursday in Lagos.

The FIRS on Wednesday confirmed the appointment of some commercial banks as agents to recover the sum of N1.8 trillion from accounts of Messrs MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA) over alleged tax evasion.

Multichoice said: “We have read the media reports and the statements made by the Federal Inland Revenue Service (FIRS).

 “MultiChoice Nigeria has not received any notification from FIRS. MultiChoice Nigeria respects and is comfortable that it complies with the tax laws of Nigeria.

 “We have been and are currently in discussion with FIRS regarding their concerns and believe that we will be able to resolve the matter amicably.”

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