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MTN Plans to Dispute $773 Million Ghana Tax Bill if Talks Fail

  • Firm may have to pay 30% of bill to start resolution process
  • MTN Ghana is the West African country’s top corporate taxpayer


Photographer: Waldo Swiegers/Bloomberg

MTN Group Ltd., Africa’s largest wireless carrier, plans to start a dispute resolution process if talks with Ghanaian authorities over a surprise $773 million back-tax bill it received last week fail. 

Before starting that process, the company is engaging with authorities to resolve the unexpected bill that came after the Ghanaian tax agency switched to a new methodology to track call data records based on the advice of a third-party consultant, Group Chief Executive Officer Ralph Mupita said Monday on an investor call.