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Results: 1-10 of 14

Vodafone ordered to deposit $554 million in Indian tax case

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • India
  • -
  • November 19 2010

Pending a final decision on Vodafone’s appeal against a government directive that holds Vodafone liable for US$2.5 billion in taxes and interest accruing from the company’s 2007 acquisition of Hutchison Essar, the Supreme Court of India ordered Vodafone on Monday to submit a deposit of $554.1 million within three weeks as well as bank guarantees within eight weeks that would cover the outstanding portion of the government’s tax claim

Supreme Court of India's Vodafone judgment: implications for international investors

  • White & Case LLP
  • -
  • India
  • -
  • February 9 2012

On January 20, 2012, the Supreme Court of India (the “Supreme Court”) delivered a landmark judgment in Vodafone International B.V. v. Union of India & Anr

India's Supreme Court rules for Vodafone - a welcome signal for global investors

  • Pillsbury Winthrop Shaw Pittman LLP
  • -
  • India
  • -
  • January 31 2012

The Indian Supreme Court’s decision in the Vodafone case brings to an end the long saga that has kept global investors on edge about the taxation of foreign acquisitions in India

Protecting your investments in foreign courtsan australian mining company secures bilateral investment treaty remedy for local court delays

  • Herbert Smith Freehills LLP
  • -
  • Australia, India
  • -
  • March 5 2012

Australian mining company White Industries Australia Limited (White) has successfully brought a claim under the Australia-India bilateral investment treaty (BIT) seeking a remedy following a nine year delay by India’s courts

Indian Supreme Court holds for Vodafone

  • King & Spalding LLP
  • -
  • India
  • -
  • February 20 2012

On January 20, the Indian Supreme Court handed down a major victory for foreign investors in the landmark case of Vodafone International Holdings B.V

Indian tax on indirect transfers of shares: the decision of the Indian Supreme Court in Vodafone and India’s proposed retrospective counteracting legislation

  • Sullivan & Cromwell LLP
  • -
  • India
  • -
  • May 4 2012

On 20 January 2012 the Indian Supreme Court found that India had no basis to tax the sale by a non- Indian subsidiary of indirect interests in an Indian telecoms company, Hutchison Essar

Indian international arbitration

  • Herbert Smith Freehills LLP
  • -
  • India, United Kingdom
  • -
  • July 16 2012

This e-bulletin discusses the arbitration-friendly decisions of the Calcutta and Delhi High Courts in Coal India Ltd v Canadian Commercial Corporation and Indiabulls Financial Services Ltd v Amaprop Ltd

UK telecommunications company Vodafone recently receives favorable ruling from Supreme Court of India

  • Fox Rothschild LLP
  • -
  • India
  • -
  • June 26 2012

This past January, the Supreme Court in India ruled in Vodafone International Holdings B.V v. Union of India,Civil Appeal No. 733 of 2012 (arising from S.L.P. (C) No. 26529 of 2010) that the sale of stock of a company that was non-resident in India to another non-resident company was not subject to income tax in India

Court rules against Vodafone in India tax case

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • India
  • -
  • December 12 2008

Vodafone is facing a hefty tax bill on its acquisition of a majority stake in Indian wireless carrier Hutchison Essar after the Mumbai High Court decided last week to uphold US $2 billion in capital gains taxes assessed on that transaction by the Indian Income Tax Department

Sanofi wins the indirect way

  • Singh & Associates
  • -
  • India
  • -
  • February 28 2013

Taxation Environment in a Country has also been and always remains a matter of concern for foreign investors. A foreign investor always

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