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ExclusiveTelecom tax bills: Vodafone Essar losing in India, European Telecom winning in the UK

India's Supreme Court has set 25th October as the next hearing for Vodafone's tax appeal. Vodafone could owe the Indian government more than 120 billion rupees (around £1.7 billion) following a court ruling earlier this month, although the company insists nothing is due. The case centres on Vodafone's 2007 purchase of Hutchison's Indian business, which saw Netherlands-based Vodafone International acquiring a stake in Hong Kong-based Hutchison; the stake was owned by a company in the Cayman Islands. Mumbai's High Court says Capital Gains Tax is payable and should have been collected by Vodafone.

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