Reuters: Regulatory News: Nokia protests tax probe in Chennai, India as excessive

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Nokia protests tax probe in Chennai, India as excessive Feb 12th 2013, 09:49 HELSINKI | Tue Feb 12, 2013 4:49am EST HELSINKI Feb 12 (Reuters) - Finnish phone maker Nokia said on Tuesday it was protesting against a tax investigation by authorities in Chennai, India, calling the probe that began in January excessive and unacceptable. Nokia said it has not yet received any information on potential tax claims, but said it sent letters objecting to the authorities' actions including entering its factory premises. "As a company with operations around the globe, Nokia believes the actions of the Income Tax authorities in Chennai are excessive, unacceptable and inconsistent with Indian standards of fair play and governance," Nokia said in a statement.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions