MTN mobile money transfer outlets in Kampala. The Uganda Revenue Authority is adamant that the outstanding amount accumulated over a period of years, where MTN allegedly under-declared earnings from sale of mobile money transactions must be paid. FILE PHOTO | MORGAN MBABAZI
A court order restraining Uganda Revenue Authority (URA) from recovering over $90 million from MTN bank accounts is fast running out, setting the stage for trial of two separate court cases involving one of Uganda’s top taxpayer and the taxman.
Suing under MTN Sea Shared Services Ltd (MTN SSS), MTN denies liability to pay taxes amounting to $89.6 million and another $528,000, which according to URA, accrued from under-declaration of earnings on the lucrative Mobile Money, and information technology services provided to MTN Uganda between December 2015 and February 2016 by its mother company MTN Sea Shared Services (MTN SSS) Ltd.
