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Justice: Nestlé pinned for tax fraud

08/06/2022
Categories: Companies

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Nestlé owes the tax authorities 2 billion CFA francs. The tax authorities have identified some shortcomings at the end of a tax audit conducted at Nestlé.

Pinned down for tax fraud, the company countered by taking the matter to court. On May 27, the court confirmed the seizure, setting the amount concerned at 1 billion 993 million 344 thousand 770 CFA francs. These concern the payment of the Income Tax on Securities (IRVM) and the Property Tax on built-up areas, in particular. The same source indicates that the Senegalese tax authorities are claiming 2.4 billion CFA francs from Nestlé.

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