Ghana’s tax authority says the fine is for unpaid tax obligations for 2014–2018. During these years, GRA claims that MTN underreported its revenue in Ghana by about 30%. The $773 million tag also comprises penalties for non-disclosure and interest charges.
The MTN Group, says MTN Ghana believes that the taxes due have been paid during the period under assessment and has resolved to defend MTN Ghana’s position on the assessment vigorously.
MTN Group and MTN Ghana will continue to engage with the relevant authorities on this matter and MTN remains resolute that MTN Ghana is a tax-compliant corporate citizen.