Forgot your password?
typodupeerror

+ - Nokia takeover in jeopardy due to India $3.4B tax bill->

Submitted by Snotboble_
Snotboble_ (13797) writes "Seems like the Microsoft takeover of Nokia may not go over so smoothly; the India government apparently thinks Nokia owes a lot of taxes and because of this, the Microsoft takeover of Nokia may be affected. From TFA: Nokia Corp.'s tax troubles in India worsened Tuesday as local authorities ratcheted up the amount of tax they say the Finnish company may owe to more than $3 billion. Nokia's battle to defend itself from the claims—one of the latest surprise tax bills slapped on big foreign companies in India—could affect its plans to sell its handset division to Microsoft Corp. as the phone company's factory in India is part of the $7 billion deal."
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Nokia takeover in jeopardy due to India $3.4B tax bill

Comments Filter:

Whenever people agree with me, I always think I must be wrong. - Oscar Wilde

Working...