The Tax Appeal Tribunal on Tuesday struck out the appeal instituted by the company for want of diligent prosecution and ordered it to pay up the $342m tax assessment handed over to It by the FIRS.
The Tribunal stated that the South African company did not comply with Order 3 Rule 6 of the Tax Appeal Tribunal Rules, 2021, which requires that an appellant is to deposit half of the assessed amount it is disputing before it can be heard on appeal. FIRS had served a notice of unpaid VAT on Multichoice Africa Holdings B.V. but the company vehemently challenged the assessment and filed an appeal at the tribunal.
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