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 2025

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

If it gets pillar two right, India may be the ideal country that finds a balance between its global commitments and its national interests, Sameer Sharma argues
As World Tax unveils its much-anticipated rankings for 2026, we focus on EMEA’s top performers in the first of three regional analyses
Firms are spending serious money to expand their tax advisory practices internationally – this proves that the tax practice is no mere sideshow
The controversial deal would ‘preserve the gains achieved under pillar two’, the OECD said; in other news, HMRC outlined its approach to dealing with ‘harmful’ tax advisers
Former EY and Deloitte tax specialists will staff the new operation, which provides the firm with new offices in Tokyo and Osaka
TP is a growing priority for West and Central African tax authorities, writes Winnie Maliko, but enforcement remains inconsistent, and data limitations persist
The UK tax agency has appointed six independent industry specialists to the panel
The two tax partners have significant experience and expertise in transactional and tax structuring matters
Katie Leah’s arrival marks a significant step in Skadden’s ambition to build a specialised, 10-partner London tax team by 2030, the firm’s European tax head tells ITR
Increasingly, clients are looking for different advisers to the established players, Ryan’s president for European and Asia Pacific operations tells ITR
Gift this article