Indian and Finnish finance ministry officials will meet next week to discuss Nokia’s Rs 6,500 crore tax dispute case and review the double taxation avoidance treaty.
“Two officials from India finance ministry and two official from Finland’s finance ministry will meet next week in Delhi and review India-Finland tax treaty and discuss Nokia tax case,” a top Finnish Government official told the news agency.
Nokia and the Indian Income Tax department is fighting out a tax dispute case in Delhi High Court. While Nokia has offered to pay a minimum deposit of Rs 2,250 crore, out of the total tax liability of nearly Rs 6,500 crore, the I-T department has told the Court that the offer is not acceptable.