Millions, not billions, says MTN
MTN Uganda says a tax dispute with Uganda’s Revenue Authority involves millions, not billions, and is still up for mediation .
Reports earlier this week said MTN Uganda had agreed to pay UGX 19 billion (USD7.6 million) in taxes incurred between 2003 and 2007.
MTN says the amount in contention is UGX 19 million.
The telco says the tax liability was cleared, and that the matter is still up for mediation in the Commercial Court.