OrbitaxVodafone Wins Out Over India in International Arbitration Proceedings on Retrospective Taxation of Capital Gains from Indirect Transfer of Assets
|Approved Changes|India
A Tribunal of the Permanent Court of Arbitration (PCA) in The Hague, Netherlands, issued its decision on 25 September 2020 in the case of Vodafone International Holdings BV (the Netherlands) v. India.
The case concerns a dispute that originated in the acquisition by Vodafone in 2007 of a 67% stake in Hong Kong Hutchinson's mobile business JV in India for USD 11 billion. The complex deal water…
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