By Reuters | Bengaluru |
Topics Vodafone | tax disputes | Finance Ministry
India's government said on Friday that it will study an international arbitration tribunal's ruling in favour of Vodafone Group Plc, ending one of the most high-profile disputes in the country involving a $2 billion tax claim.
An international arbitration tribunal in The Hague ruled that India's imposition of a tax liability on Vodafone, as well as interest and penalties, were in a breach of an investment treaty agreement between India and the Netherlands.
It also directed India to pay 4.3 million pounds ($5.47 million).....
This article is no longer available in our repository.
There could be multiple reasons for this.
You could try searching for this headline on the source website (bloomberg.com).