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Vodafone to pursue international arbitration over India tax proposal

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • India, Netherlands
  • -
  • April 20 2012

On Tuesday, Vodafone warned India’s government that it will initiate international arbitration proceedings if the government refuses to withdraw pending legislation to impose retroactive taxes on transactions between Indian and foreign companies, charging that the proposal violates Vodafone’s rights under an investment treaty between the Netherlands and India