Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Indian IT company Infosys faces a $4B tax demand over global branch services (2017-21).

flag Indian IT services company Infosys has been served a tax demand of approximately $4 billion from the country's tax authority, citing services received by Infosys from its overseas branches. flag The company, which has paid all its tax dues, is in the process of responding to the notice. flag The tax demand relates to services sourced from international branches between 2017 and 2021, and Infosys states that it believes tax is not applicable to the dealings. flag The company has complied with all central and state regulations and is currently under investigation.

9 months ago
6 Articles

Further Reading