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Nokia's factory in India gets raided over an unpaid tax bill worth $542 million

Nokia's unpaid tax bill lands them with their Indian factory getting raided - $542 million unpaid wi

| Business, Financial & Legal News | Posted: Jan 9, 2013 5:32 am

According to reports, Nokia's factory in India has been raided over an unpaid tax bill. The taxes owed amount to 3000 Crore INR - or $542 million and have not been paid by the Finnish company to the Indian government.

 

TweakTown image news/2/7/27734_08_nokia_s_factory_in_india_gets_raided_over_an_unpaid_tax_bill_worth_542_million.jpg

 

The news comes from confirmation from two factory employees and a spokesperson, who all confirmed the raid to the Economic Times. The Nokia spokesperson told the publication "yes, raids are on. I will call back". A statement from Nokia that The Next Web received says "operations in Chennai are continuing unaffected. "Nokia's commitment to being a good corporate citizen is firm and unwavering: we always observe applicable laws and rulings in the countries where we operate."

NEWS SOURCES
Electronista.com, Bgr.com

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