Quantcast
Channel: Politics News Headlines - Yahoo News UK
Viewing all articles
Browse latest Browse all 35146

Cameron may fly in to Shell India tax row

$
0
0

Britain's Prime Minister David Cameron waits to greet his Pakistani counterpart, Raja Pervez Ashraf, at Number 10 Downing Street in LondonLONDON (Reuters) - Oil company Royal Dutch/Shell has asked the British government to raise the subject of a tax dispute with India during Prime Minister David Cameron's visit there next week, according to a source familiar with the request. The dispute blew up earlier this month when tax authorities revalued by $2.7 billion a 2009 transaction by Shell with a wholly-owned subsidiary, and claimed a tax payment was due. It comes as India seeks to balance its need to shore up its finances by raising tax receipts with its desire to encourage foreign investment. ...



Viewing all articles
Browse latest Browse all 35146

Trending Articles