$1.3bn Tax Assessment: witness’ absence stalls trial in MTN suit against AGF - Premium Times Nigeria

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$1.3bn Tax Assessment: witness’ absence stalls trial in MTN suit against AGF

A Federal High Court in Lagos on Wednesday adjourned until October 29 hearing in a suit filed by

The suit, which was earlier fixed for trial, could not proceed on Wednesday, following the absence of a witness for the AGF. The plaintiff is seeking among other declaratory reliefs, a declaration that the AGF’s demand of the sums of N242 billion and $1.3 billion from MTN is premised on a process which is malicious, unreasonable and made on incorrect legal basis.

The AGF had urged the court to dismiss the plaintiff’s suit as being caught up by the statute of limitation, which fobs the court of jurisdiction. “A Declaration that the AGF acted illegally, by usurping the powers of the Federal Inland Revenue Service, to audit and demand remittance of withholding tax and value added tax.

 

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