Articles tagged with: Vodafone and Hutchison Essar
Vodafone's $2 Billion Indian Tax Battle Rumbles On
India's Income Tax department has issued a notice to vodafone asking it to explain why the company feels that the Tax Department does not have the necessary jurisdiction to proceed with its tax liability claim against it. The tax liability relates to the US$11.2 billion purchase of Hutchison Essar in 2007. more
Related Tags: hutchison-telecom, India
Hutchison Warns Off Possible Indian Tax Liability in Sale to Vodafone
Hutchison Telecom 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 India, the government has been suing vodafone for up to US$2 billion in sales tax that it claims is owed to it. more
Related Tags: hutchison-telecom-international, hutchison, essar, vodafone-essar, cgp-investments, tax, 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, tax, hutchison, essar, cgp-investments, India
