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Articles tagged with: Tax and Vodafone 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, cgp-investments, hutchison-essar, India
Vodafone Raises Debt for Indian Expansion
..US$824 million. Vodafone is still facing a potential US$2 billion tax bill from the government following its purchase of the 67% stake in the firm from Hutchison Telecom - although it is appealing the decision of the Mumbai High Court that the more
Related Tags: , 3g, ict, vodafone, 3g-license, tim, mumbai, hutchison, essar, India
Vodafone's Indian Tax Penalty Could Reach $4 Billion
Vodafone could face a potential US$4 billion penalty if the company loses the ongoing tax dispute in India. India's government is seeking to claim up to US$2 billion in tax for the company's purchase of a majority stake in Vodafone Essar - but could impose a penalty which would more than double the amount being disputed. more
Related Tags: hutchison, essar, cgp-investments, India
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-group, lawyer, hutchison-essar, 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, lawyer, hutchison-essar, India
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, hutchison-whampoa, hutchison-essar, India
Vodafone CFO: Confident Co Will Avoid Indian Tax Bill
..Vodafone Group, Monday said it remains confident it will escape paying an estimated $2 billion tax bill following its acquisition of a majority stake in India's Vodafone Essar in May. Speaking at an investor day in London - focused on its Indian more
Related Tags: london, hutchison, essar, India