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Court Suspends Tax Nokia Oyj Receives from Indian Authorities-DJ

Thursday, 28 Mar 2013 05:34am EDT 

Dow Jones reported that Nokia Oyj had received an order from Indian authorities demanding taxes from the Company, but a local court has suspended the order after the Finnish handset maker filed an appeal in the week ending March 22, 2013. In a statement, Nokia added that it has fully complied with local tax laws and an India-Finland bilateral tax treaty. The Company didn't reveal the amount of taxes being demanded, while an official at the local tax body declined comment. 

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-0.13 -1.62%
19 Dec 2014