UK-based Vodafone has threatened the Indian government with international arbitration proceedings to end their USD2.2 billion tax battle, reports Reuters. As previously noted by CommsUpdate, India’s apex court ruled in January that Vodafone was not liable for the USD2.2 billion in back taxes and penalties. However, proposals in March sought to amend tax laws, allowing the government to renew its fight with Vodafone
See original article:
OVETEL Vodafone to seek international arbitration
No comments:
Post a Comment