Vodafone International Holdings had initiated arbitration proceedings against India under the India-Netherlands Bilateral Investment Protection Treaty (Treaty) challenging the retrospective amendment of the indirect share transfer provisions under the Indian tax law to bring Vodafone under the tax-liability net for acquisition of stake in an Indian company.
Ravi S. Raghavan, Tax Counsel at Majmudar & Partners has been quoted by reputed media outlets, The Economic Times and The Hindu Business Line about Vodafone International Holdings winning the case.
