Congo Seals Vodacom Offices, Freezes Bank Accounts in Tax Dispute
- Dispute relates to an audit done for the years 2016 to 2019
- Move comes months after disagreement over a new levy
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The Democratic Republic of Congo has sealed parts of Vodacom Group Ltd’s offices and frozen its bank accounts in the country over a tax dispute.
The disagreement relates to an audit for the years 2016 to 2019 done by the general directorate of taxes that found Vodacom Congo owed $243 million, the company said in an emailed statement on Friday. The tax agency has moved to seize the funds, despite an appeal that reduced the assessment to $165 million, which Vodacom is also appealing, it said.