According to recent reports, the Indian government has decided to move forward with a challenge of a recent arbitration decision regarding the retrospective taxation of capital gains from indirect transfer of assets.
The disputed decision was issued on 25 September 2020 by the Tribunal of the Permanent Court of Arbitration (PCA) in The Hague, Netherlands, in the case of Vodafone International Holdings BV (the Netherlands) v. India ({News-2020-09-28/A/4-previous coverage}). In the decision, …