Tuesday, 19 March 2019

Hutch disputes €4bn India tax demand

By Mary Lennighan, Total Telecom
Tuesday 29 August 17

Hong Kong firm shares details of latest tax bill from Indian authorities linked to 2007 unit sale to Vodafone, insists it will not pay up.

The Indian government is still trying to boost its coffers by generating tax revenue from the sale of Hutchison Essar to Vodafone a decade ago. The country fired its latest salvo earlier this month, sending CK Hutchison a penalty notice for 79 billion rupees (&euro…

The Indian government is still trying to boost its coffers by generating tax revenue from the sale of Hutchison Essar to Vodafone a decade ago. The country fired its latest salvo earlier this month, sending CK Hutchison a penalty notice for 79 billion rupees (&euro…

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