PETALING JAYA: Axiata Group Bhd
has until Monday to settle the 39.06 billion Nepalese rupees (RM1.45bil) that Nepal authorities have imposed on them as capital gains tax (CGT) for buying a stake in the country’s largest mobile player, Ncell Pte Ltd.
By right, the seller should be paying the CGT but in this case, Axiata’s unit Ncell has been made to pay for it.
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