Vodafone wins arbitration case against govt in $2 bn tax dispute case

Vodafone Group Plc has won an international arbitration case against the Indian government in a $2 billion tax dispute, two sources with direct knowledge of the matter said.

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, one of the sources said. The tribunal, in its ruling, said the government must cease seeking the dues from Vodafone and.....

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