No tax liability in India over Hutchison deal: Vodafone
Vodafone has said it is not liable to pay any tax in India on the $11.1 billion deal it signed with Hutchison International in 2007, a position contrary to the contention of the revenue department. "We continue to be convinced and advised that no tax is due, we have made an acquisition in this country, we have not sold assets," Vodafone-Essar CEO Vittorio Colao said.
