Nokia faces US$3.4bil tax claim in India


MUMBAI: Finnish mobile phone maker Nokia faces a tax bill of more than 210 billion rupees (US$3.4bil) in India from liabilities arising out of unpaid charges and penalties since 2006, a report said.

Indian tax authorities froze some of Nokia’s assets in October including its bank accounts and buildings over a dispute which has forced Nokia to approach the Indian courts seeking relief.

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Business , Business , nokia , telco , tax

   

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