Vodafone continues fight with India

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Vodafone continues fight with India

vodafone.jpg

Vodafone is continuing its fight with India and has threatened to take the country’s government to international arbitration.

Despite winning its long-running $2.5 billion dispute with the authorities earlier this year, Vodafone’s Dutch subsidiary indicated that it may seek arbitration under a bilateral treaty between India and the Netherlands.

The dispute relates to March’s Finance Bill which proposed retrospective legislation to tax Vodafone-style transactions dating back to 1962.

The telecommunications company, India’s largest foreign investor, claims that the proposal violates legal protections and harms international investors.

“Vodafone has asked the Indian government to abandon or suitably to amend the retrospective aspects of the proposed legislation as Vodafone would prefer to reach an amicable solution to this matter,” read a group statement.

FURTHER READING:

India to target Vodafone-style transactions going back 50 years

TEI explains objections to Indian retrospective amendment

Everything you need to know about the Vodafone ruling

How you can avoid becoming the next Vodafone

more across site & shared bottom lb ros

More from across our site

Hany Elnaggar examines how the region's legacy economic substance regimes and the OECD's pillar two framework are converging on the same underlying test
The deals for TP Accurate and Intra Pricing Solutions will enhance Alphatax’s ability to support clients with the full TP lifecycle, the tax tech provider claimed
The DS Advocates partner discusses career reinvention, tax disputes and why advisory and litigation experience should complement one another
Lindsay Clayton’s arrival at Baker McKenzie continues the firm’s storied pursuit of ex-US government lawyers, a strategy reinforced by robust World Tax rankings
Shared transaction semantics, governed data and reusable ERP design may prove the most significant benefits of the UK's move to Peppol
As pillar two reshapes global tax competition, the UK faces a crucial challenge: how to remain attractive to multinationals without sacrificing tax revenues
Pillar two may be raising less than expected, but professor René Matteotti says the regime is still changing multinational tax behaviour
Multinationals importing goods into Brazil may need to align TP files and customs documentation more closely as authorities gain new tools to challenge related-party transactions
The private equity-backed deal hands Grant Thornton immediate and impressive US scale, but World Tax data suggests the firm still has work to do to gain recognition
From Instagram content to £100m transactions, the founder of Thomas & Co International discusses building a modern tax and accounting firm for business founders
Gift this article