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Volkswagen sues Indian govt over $1.4 billion tax demand
Exclusive: Volkswagen sues India to quash 'enormous' $1.4 billion tax demand, legal filing shows
The automaker's India unit told the Mumbai High Court the tax dispute puts at risk its investments of $1.5 billion in the country and is detrimental to the foreign investment climate.
Volkswagen sues Modi government over 'impossibly enormous' $1.4B tax demand
Volkswagen has sued the Indian government over a tax demand of $1.4 billion, which it considers "impossibly enormous." The German automaker contends that the demand goes against India's import taxation rules on car parts and may even jeopardize its business.
Volkswagen sues India to quash 'enormous' $1.4 bn tax demand, legal filing shows
Volkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rules. The dispute jeopardizes Volkswagen's $1.5 billion investments in India.
Volkswagen sues India over $1.4B tax demand, Reuters says
Volkswagen (VWAGY) sued Indian authorities to squash an “impossibly enormous” tax demand of $1.4B, Aditya Kalra, Arpan Chaturvedi and Aditi
Volkswagen unit sues Indian government over $1.4B tax bill: report
Volkswagen’s unit in India has sued tax authorities in India over an “impossibly enormous” $1.4B tax bill, Reuters reported Sunday, citing court documents. The report said that Skoda Auto Volkswagen India told the High Court in Mumbai the bill contradicts the country’s import taxation rules for auto parts and will affect its business plans.
Volkswagen sues Indian govt over $1.4 billion tax demand | Details
Volkswagen has filed a lawsuit against Indian authorities to challenge a $1.4 billion tax demand, claiming it's inconsistent with import tax rules.
Volkswagen sues India to quash tax demand
Volkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rules. The dispute jeopardizes Volkswagen's $1.5 billion investments in India.
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