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Article

22 Sep 2015

Author:
Front Page Africa (Liberia)

Liberia: Lonestar Cell-MTN takes exception to tax court decision that finds company liable for US$ 19,2mil

'Premature victory: LonestarMTN appeals tax court ruling', 22 Sep 2015: LonestarCell-MTN…takes exception to the ruling…in…[a] US19.2 million tax [judgement handed down by]…Judge of the Tax court, Mozart Chesson...The Board of Tax Appeals had earlier ruled…that Lonestar was obligated to the Government for US$1.8M plus penalties…Both Lonestar and the… [government] took exception to the initial ruling of…2014. Lonestar Cell MTN has indicated that it holds strongly that the case was…unfairly adjudicated at the Tax court and therefore deserves an appeal hearing by the Supreme Court of Liberia…According to the…[c]ompany…“The Judge’s decision leaves…scholars pondering…[since the] ruling [is based] on “procedure error”…Others are asking why an institution once certificated by the government of Liberia as the largest tax payer is being singled out…”…LonestarCell-MTN…boasts that its financial dealings remain impeccable and replete with values such as complete accountability and integrity…