{"id":76046,"date":"2021-08-28T08:54:08","date_gmt":"2021-08-28T07:54:08","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=76046"},"modified":"2021-08-28T09:13:57","modified_gmt":"2021-08-28T08:13:57","slug":"2bn-tax-remittance-mtn-nigeria-complying-with-payment-plan-says-zainab-ahmed","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/08\/28\/2bn-tax-remittance-mtn-nigeria-complying-with-payment-plan-says-zainab-ahmed\/","title":{"rendered":"$2bn tax remittance: MTN Nigeria complying with payment plan, says Zainab Ahmed"},"content":{"rendered":"

Minister of finance, budget and national planning, Zainab Ahmed has disclosed that MTN Nigeria has a payment plan with the Federal Inland Revenue Service (FIRS) to remit $2 billion tax demand.<\/p>\n

This was announced by Zainab Ahmed when she\u00a0received Ayodele Adeleke, National Institute for Security Studies (NISS) commandant, in Abuja on Friday.<\/p>\n

\u201cMTN is owing the government but there has been a payment plan undertaken with the Federal Inland Revenue Service (FIRS)<\/a> they are following,\u201d the minister said.<\/p>\n

\u201cThey are in Nigeria and have investments all over the country and are following through with the payment commitment made with the FIRS.\u201d<\/p>\n

In 2018, Abubakar Malami, attorney-general of the federation, asked MTN Nigeria to pay a total sum of $2 billion in tax arrears\u00a0which covered import duties, value added tax (VAT), and withholding taxes on foreign imports\/payments.<\/p>\n

The federal government had said the multinational telecoms firm owed taxes from 2007 to 2017.<\/p>\n

In January 2020, the $2 billion tax demand against MTN Nigeria was withdrawn.<\/p>\n

The case was subsequently referred to the FIRS and the Nigeria Customs Service (NCS) with a view to settling the dispute amicably.<\/p>\n

Earlier in August, the telecommunications services provider announced plans to reconstruct the Enugu Onitsha expressway under the road infrastructure task credit (RITC) scheme.<\/p>\n

The RITC scheme is a public-private partnership (PPP) intervention that grants income tax credit to companies and individuals that provide funding for the refurbishment and rehabilitation of roads.<\/p>\n","protected":false},"excerpt":{"rendered":"

Minister of finance, budget and national planning, Zainab Ahmed has disclosed that MTN Nigeria has a payment plan with the Federal Inland Revenue Service (FIRS) to remit $2 billion tax demand. This was announced by Zainab Ahmed when she\u00a0received Ayodele Adeleke, National Institute for Security Studies (NISS) commandant, in Abuja on Friday. \u201cMTN is owing […]<\/p>\n","protected":false},"author":17,"featured_media":16057,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[16587],"tags":[16757,1180,4496,16758,958],"class_list":["post-76046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-2-billion-tax-remittance","tag-firs","tag-mtn-nigeria","tag-national-institute-for-security-studies-niss-commandant","tag-zainab-ahmed"],"yoast_head":"\n$2bn tax remittance: MTN Nigeria complying with payment plan, says Zainab Ahmed<\/title>\n<meta name=\"description\" content=\"Minister of finance, 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