finance | banking | taxes


Nissan sues India over outstanding dues; seeks over $770 million
Japanese automaker Nissan Motor has begun international arbitration against India to seek more than $770 million in a dispute over unpaid state incentives.
NZ 'could not' apply water tax - diplomat
Government plans to put a royalty on exports of bottled water could be in jeopardy after a top trade negotiator warned MPs it would breach trade deals.
Trial in Rs 22,100 crore Vodafone tax dispute in February
An international arbitration tribunal in February will begin trial on Vodafone’s challenge to India using a retrospective legislation to seek Rs 22,100 crore in taxes.
Delhi High Court allows Vodafone to take part in second arbitration in tax case
The Delhi High Court today allowed Vodafone Group representatives to participate in the process of appointing a presiding arbitrator in its international arbitration process against India in connection with a tax demand of Rs 11,000 crore.
Breaking down the security exception in the US-Argentina BIT
Noting the ad hoc nature of investment arbitration under the ICSID, it is not surprising that two tribunals adopted different interpretations
An ICSID tribunal dismisses its jurisdiction as investor abused its rights by “reviving” a company to access arbitration against Cameroon
The tribunal ruled that the investor did not have a head office in Luxembourg and had abused its rights to “give the impression that it had a Luxembourg head office”
Cairn Energy reveals when final arbitration hearing over India tax dispute will be heard
The Edinburgh-based oil and gas explorer says both it and the Government of India have agreed a timetable for finalising document production, submissions and hearings.
Vodafone versus India: A BIT of confusion
By restraining a foreign investor from pursuing a claim under a bilateral investment treaty (BIT), the Delhi high court is coming in way of India’s accountability being tested under international law.
Cairn Energy adds $249 mn to compensation claim in retrospective tax dispute
UK-based Cairn Energy Plc has increased its compensation claim by $249 million in the retrospective dispute case after the income tax department adjusted tax refund due to the oil explorer towards settlement of its tax liabilities.
Singapore may renegotiate EU trade deal after Brexit removes British markets
Singapore has raised the prospect of renegotiating terms on a long-awaited free trade deal with the European Union due to the impact of Brexit