{"id":83945,"date":"2020-09-28T12:14:25","date_gmt":"2020-09-28T12:14:25","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=297539"},"modified":"2020-09-28T12:14:25","modified_gmt":"2020-09-28T12:14:25","slug":"vodafone-wins-long-running-india-tax-case","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/09\/28\/vodafone-wins-long-running-india-tax-case\/","title":{"rendered":"Vodafone wins long-running India tax case"},"content":{"rendered":"

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\tAn international arbitration court absolved Vodafone Group of liability for a huge tax bill slapped on it by the Indian government related to its entry into the country in 2007.<\/p>\n

The case heard by the Hague-based Permanent Court of Arbitration is the culmination of a long-running row on tax costs stemming back to Dutch affiliate Vodafone International Holdings\u2019 acquisition of operator Hutchison Essar (which later became Vodafone India).<\/p>\n

After numerous demands for taxes running into billions of euros and several hearings in Indian courts related to the bill, the matter was eventually taken to the arbitration court in early 2019 under rules set out in a Netherlands-Indian investment treaty.<\/p>\n

In a statement at the conclusion of the case Vodafone Group said: \u201cVodafone confirms that the investment treaty tribunal found in Vodafone\u2019s favour. This was a unanimous decision, including India\u2019s appointed arbitrator Rodrigo Oreamuno. The tribunal held that any attempt by India to enforce the tax demand would be a violation of India\u2019s international law obligations.\u201d<\/p>\n

Bloomberg reported the case can be appealed by India in Singapore’s international court, with its sources stating the country\u2019s authorities were considering all options \u201cincluding legal remedies\u201d.<\/p>\n

If Vodafone was found liable, the bill would reportedly come in at as much as \u20ac3 billion. It is one of a number of tax-related disputes [1] between Vodafone Group and authorities in India.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/vodafone-chief-vows-to-end-india-losses<\/p>\n\n

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An international arbitration court absolved Vodafone Group of liability for a huge tax bill slapped …<\/p>\n

The post Vodafone wins long-running India tax case<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Vodafone wins long-running India tax case - ITTeacherITFreelance.hk","description":"An international arbitration court absolved Vodafone Group of liability for a huge tax bill slapped ... The post Vodafone wins long-running India tax case appea"},"footnotes":""},"categories":[11,8],"tags":[5491],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/83945"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=83945"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/83945\/revisions"}],"predecessor-version":[{"id":83946,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/83945\/revisions\/83946"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=83945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=83945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=83945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}