Sanofi’s Indian High Court win is good news for Vodafone-type transactions

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Sanofi’s Indian High Court win is good news for Vodafone-type transactions

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French pharmaceutical multinational Sanofi’s victory in the Andhra Pradesh High Court shows the retrospective amendments to India’s tax laws cannot override the provisions of a tax treaty and sends a strong signal to foreign investors that India’s judiciary will uphold their interests.

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