Home Companies&Markets Nigeria slaps South Africa’s MTN with $2 billion tax bill

Nigeria slaps South Africa’s MTN with $2 billion tax bill

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JOHANNESBURG, SEPTEMPER 5, 2018 – Nigerian tax authorities have slapped MTN Group with a $2 billion tax bill, the South African wireless phones operator said on Thursday.

The announcement of the tax bill comes days after the west African country’s central bank ordered MTN’s Lagos-based unit hand over $8.1 billion that it said was illegal sent abroad.

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