How you can avoid becoming the next Vodafone

Jack Grocott

January 24, 2012

If things hadn’t gone Vodafone’s way on Friday then the company would now be looking at a $2.5 billion tax bill. Here are a few tips on how to avoid becoming the next target for the Indian Tax Department.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login

More from across our site

LONDON- The BBC or British Broadcasting Corporation headquarters

This week in tax: BBC admits paying too little tax in India

The UK public broadcaster acknowledges paying a low tax rate in India, while the ICAEW appoints a new president for 2023/24.

Euan Healy, June 09, 2023

In detail: Brookfield’s tax arrangements under scrutiny

The Canadian proprietor of Canary Wharf and Manhattan West faces accusations of avoiding tax through subsidiaries in Bermuda and beyond.

Josh White, June 08, 2023

Canada proposes transfer pricing reform

The Department of Finance Canada has put forward a package of transfer pricing reforms to clarify existing provisions and address what it says is a disproportionate loss of tax revenue.

Euan Healy, June 08, 2023

Saudi arabia flag in the blue sky. Horizontal panoramic banner.

This month in indirect tax: Saudi Arabia’s tax amnesty; Poland v the EU; India’s WTO complaint

Developments included the end of Saudi Arabia’s tax amnesty, Poland’s VAT battle with the EU, the Indirect Tax Forum, India’s WTO complaint, and more.

Euan Healy, June 07, 2023

'HMRC, catch me if you can!'

Charlotte Sallabank and Christy Wilson of Katten UK look at the Premier League's use of 'dual representation' contracts for tax matters.

Charlotte Sallabank, June 06, 2023

Brookfield faces allegations of tax avoidance ahead of AGM

Shareholders are set to vote on whether the asset management firm will adopt public CbCR, amid claims of tax avoidance.

Josh White, June 06, 2023

Analysis: US debt deal could hold back Democratic tax ambitions

US lawmakers averted a default on debt by approving the Fiscal Responsibility Act, but this deal may consolidate the Biden tax reforms rather than undermine them.

Josh White, June 05, 2023

MELBOURNE, AUSTRALIA - JULY 30, 2018: PwC headquarters building

PwC Australia identifies all 67 staff involved in tax scandal

In a letter to the Australian Senate, the firm has provided the names of all 67 staff who received confidential emails but has not released them publicly.

Euan Healy, June 05, 2023

Upper Tribunal hears Ørsted’s windfarm capital allowances appeal

David Pickstone and Anastasia Nourescu of Stewarts review the facts and implications of Ørsted’s appeal at the Upper Tribunal.

David Pickstone, June 02, 2023

This week in tax: IRS set to lose $21bn in funding

The Internal Revenue Service will lose the funding as part of the US debt limit deal, while Amazon UK reaps the benefits of the 130% ‘super-deduction’.

Josh White, June 02, 2023