FIRS, MultiChoice agree to resolve tax disputes

10 Mar FIRS, MultiChoice agree to resolve tax disputes

The Federal Inland Revenue Service (FIRS) and MultiChoice Nigeria have agreed to an amicable resolution over pending tax disputes. Both parties announced the agreement on Wednesday in Abuja.

As part of the agreements, MultiChoice will withdraw all pending lawsuits, and FIRS will conduct a forensic system of the company’s accounts.

“By the broad terms of the agreement, MultiChoice shall withdraw all pending lawsuits towards an amicable resolution of the dispute. Also, as part of the agreement, the FIRS commenced a Forensic Systems Audit of MultiChoice accounts on Tuesday, 8 March 2022 to determine the tax liability of the company,” both parties said in a joint press statement