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Articles tagged with: Tax and Vodafone
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-essar, cgp-investments, hutchison-essar, India
Vodafone Loses Tax Appeal with UK Tax Man
Vodafone has lost an appeal over a tax bill that could cost the firm as much as £2.2 billion, after the Court of Appeals overturned a ruling last year that had been in Vodafone's favour. The tax dispute dates back to when Vodafone launched its hostile takeover of Germany's Mannesman in 2000. more
Related Tags: mannesman, cfo, UK
Vodafone Net Profits Drops on Impairment Charges
..d by £767 million following the resolution of long standing tax issues relating to the Group's acquisition and subsequent restructuring of the Mannesmann Group. Revenue in Europe declined by 2.1% on an organic basis, as benefits from new tari more
Related Tags: vodacom
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, 3g-license, tim, mumbai, hutchison, essar, vodafone-essar, India
Softbank to Report $748 Million Loss on CDO Debt Obligations
..he firm still expects to post a full year profit. The impact on net income after tax effects is ecpected to be around JPY 44.4 billion (US$450 million). The company also upgraded its forecasted consolidated operating income by JPY 10 billion t more
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Ireland Considers a Tax on Text Messages
The Irish government has confirmed that it is considering proposals to add a one euro cent tax on text messages. The Green Party originally proposed the tax last year claiming that it would raise around €1.4 billion for the government - although that figure was later revised sharply downwards to €146 million. more
Related Tags: eu, o2, text-messages, 3, meteor, Ireland
Vodafone Raising Funds for India's 3G Auction
..he Wall Street Journal. Vodafone is also 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 tha more
Related Tags: wimax, wall-street-journal, hutchison-telecom, mumbai, hutchison, essar, 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, supreme-court, gsm, hutchison, essar, cgp-investments, hutchison-essar, India
Vodafone Loses $2 Billion Indian Tax Case
Vodafone has lost a significant tax bill in India after the Bombay High Court upheld a claim by the government for around US$2 billion following its purchase of a majority stake in Hutchison Essar. more
Related Tags: supreme-court, gsm, hutchison, essar, cgp-investments, India
3 Italia Denies Report of 3G Network Break-Up
..for Telecom Italia would be the absorption of around €2 billion in tax loses accrued by 3 Italia which it would be able to offset against its own profits. Following the collapse of the talks, the newspaper had reported that a large stake more
Related Tags: telecom-italia-mobile, wind, h3g, customer-care, telecom-italia, radio-spectrum, 3, hutchison, 3-italia, Italy