• News
  • Videos
  • India
  • French media report on tax issue: Reliance Communications rubbishes
  • 476 views
  • 2 hours ago

French media report on tax issue: Reliance Communications rubbishes

13 Apr 2019, 05:01PM ISTSource: Times Now

The Reliance Communications on Saturday rubbished a media report which claimed that taxes to the tune of 143.7 million euro were waived by the French authorities for a France-based company of Anil Ambani "just a few months" after Prime Minister Narendra Modi announced the decision to buy 36 Rafale fighters in 2015. A leading French newspaper Le Monde reported that France waived taxes worth 143.7 million euros to a French-registered telecom subsidiary of Anil Ambani's Reliance Communications in 2015, months after India's announcement of buying 36 Rafale jets. In its reaction, Reliance Communications rejected any wrongdoing and said the tax dispute was settled under legal framework which is available for all companies operating in France. In a statement issued, the Reliance Communications clarified that the tax issue of its subsidiary Reliance FLAG Atlantic France SAS pertained to the year 2008 and had been settled as per the local laws, much before the Indian government decided to purchase Rafale jets from French company Dassault.

  • whatsapp
  • Email
  • linkedin
  • Embed
  • messgae
Get the app