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Company News

Vodafone wins international arbitration against India in $2 bln tax dispute case - sources

NEW DELHI, Sept 25 (Reuters) - Vodafone Group Plc has won an international arbitration case against the Indian government in a $2 billion retrospective tax dispute, according to two sources with direct knowledge of the matter.

The tribunal ruled that the Indian government’s imposition of a tax liability on Vodafone is in breach of the investment treaty agreement between India and the Netherlands, one of the sources said. (Reporting by Aditi Shah Editing Euan Rocha)

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