Exclusive: Volkswagen sues India to quash 'enormous' $1.4 bln tax demand, legal filing shows
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Volkswagen has filed a lawsuit against Indian authorities to challenge a $1.4 billion tax demand, which the company claims contradicts India's import taxation rules for car parts and could impact its business plans.
February 02, 2025 | 8:00 am
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Volkswagen is challenging a $1.4 billion tax demand from Indian authorities, arguing it contradicts import taxation rules and could affect its business plans.
The legal dispute over a significant tax demand could lead to financial and operational uncertainties for Volkswagen, potentially affecting its stock price negatively in the short term.
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