Infosys fined $225 by Nevada Department of Taxation for alleged short payment of modified business tax over two quarters.

The Nevada Department of Taxation in the US fined Infosys $225 for a supposed violation of short payment of modified business tax over two quarters. According to a stock exchange filing, Infosys asserts it is still determining further actions after reviewing the claim's validity. The company stated there will be no substantial effect on finances, operations, or other activities due to the incident.

January 29, 2024
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