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Articles tagged with: Tax and Hutchison Essar
Hutchison Warns Off Possible Indian Tax Liability in Sale to Vodafone
.. International has accepted that it might have to make some payments in regards to the ongoing tax dispute in India over the sale of its stake in Hutchison Essar to Vodafone in May 2007. Although the transaction technically occurred outside Ind more
Related Tags: hutchison-telecom-international, hutchison, essar, vodafone, vodafone-essar, cgp-investments, India
Set-Back for Vodafone in Indian Tax Battle
Vodafone's tax battle with the Indian government has suffered a further set-back when the Supreme Court refused to hear an appeal by the telecoms giant - and ordered that the case be sent back to the tax department for its deliberation as to who should have legal jurisdiction over the case. more
Related Tags: ict, vodafone, supreme-court, gsm, hutchison, essar, cgp-investments, India
Vodafone Wins $3.3 Billion Tax Battle
Vodafone has won a huge tax battle with the UK government over its 1999 acquisition of Germany's Mannesmann. The company had set aside £2.5 (US$4.7) billion should it lose the lawsuit, although the company had estimated its liabilities at £1.76 (US$3.3) billion in its 2005 financial accounts. more
Related Tags: eu, hutchison, essar, UK
Vodafone, India Government to Finish Arguing Tax Case by Wednesday
..m owned by UK's Vodafone Group PLC, has been arguing against the Indian state's move to tax the telecom company up to $2 billion as capital gains on its purchase of Hutchison Essar since June 23, saying it was being made liable for taxation des more
Related Tags: hutchison, essar, vodafone-essar, vodafone-group, lawyer, India
Vodafone Continues to Argue Tax Case, Early Judgment Unlikely
..BV Tuesday continued its arguments in the Bombay High Court against the Indian state's move to tax the telecom company on its Hutchison Essar Ltd. deal, saying it was being made liable for taxation despite it being the buyer and not the seller more
Related Tags: hutchison, essar, vodafone-essar, lawyer, India
Hutchison Telecom Names a New Chief Financial Officer
..ing stake in Hutchison Essar to Vodafone - although that is currently mired in a tax dispute with the Indian authorities. Mr Dennis Lui, Chief Executive Officer of Hutchison Telecom said: "Tim has decided to return to the UK after more than more
Related Tags: tim, hutchison-telecom, seven, hutchison, essar, chief-financial-officer
Hutchison Reports Record 2007 Profits on Disposals
..S$351 million). Excluding the net impact of the impairment charge and associated tax credits, there was a profit from continuing operations of HK$707 million (US$91 million) compared to a loss from continuing operations of HK$823 million (US$10 more
Related Tags: edge, hutchison-telecom, hutchison, essar, cgp-investments, java, excelcomindo, telekomunikasi-indonesia, telekomunikasi-indonesia, Hong Kong
India Court to Next Hear Vodafone Tax Case June 23
..odafone International Holdings BV, owned by UK's Vodafone Group, challenging the Indian income-tax department's move to tax the telecom company up to $2 billion as capital gains after it bought a majority stake in Hutchison Essar. The bench he more
Related Tags: hutchison, essar, vodafone-essar, hutchison-whampoa, India