MTN Ghana says it has paid a total of ¢3.1 billion of its 2021 revenue of ¢7.7 billion to government in taxes.
It comprised of corporate taxes, Value Added Tax (VAT) levies and duties, withholding taxes, communication service tax, national fiscal stabilization levy, Pay As You Earn (PAYE), and payments to other government agencies.
The company said: “During the year, MTN made a fiscal contribution of ¢3.1 billion of which ¢2.8 billion was paid to government in direct and indirect taxes, representing 35.8 per cent of total revenue.”
Dr Ishmael Yamson, Chairman of the Board of the company, said this during their just-ended fourth Annual General Meeting since becoming a publicly listed company.
He assured shareholders of continuous effective governance through adequate training and maintaining the right balance to ensure the long-term growth of the business.
Bainamultimedia
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