MTN Ghana, a subsidiary of MTN Group, has been fined around $773m by the Ghana Revenue Authority for allegedly underreporting its revenue. The fine includes penalties and interest charges. According to the GRA, MTN underreported its revenue in Ghana by about 30 per cent from 2014 to 2018. It disclosed that it was discovered after auditing the company for the years 2014 to 2018. In a statement titled ‘Notice of Tax Assessment,’ and dated January 13, 2023, MTN Ghana said, “Scancom PLC (MTN Ghana) stakeholders are advised that the Ghana…
Read MoreMTN Ghana Fined $773m For Tax lnfraction
