UK raises Vodafone tax dispute; wants early resolution
Raising the multi-billion dollar Vodafone tax issue, the UK today asked for speeding up the arbitration process to resolve the dispute even as India assured that it will not resort to retrospective taxation route in such cases. Britain's minister for international trade Liam Fox, during his bilateral meeting with Commerce and Industry Minister Nirmala Siatharaman, flagged the Cairn Energy and Vodafone issues, demanding they be resolved expeditiously.
"Their request was at least in the Vodafone case, would we (India) please not delay or would you (India) please expedite the arbitration, so that (the case) gets a closure," Sitharaman told. She said they wanted the Vodafone case to be expedited without further delays.
Raising the multi-billion dollar Vodafone tax issue, the UK today asked for speeding up the arbitration process to resolve the dispute even as India assured that it will not resort to retrospective taxation route in such cases. Britain's minister for international trade Liam Fox, during his bilateral meeting with Commerce and Industry Minister Nirmala Siatharaman, flagged the Cairn Energy and Vodafone issues, demanding they be resolved expeditiously. 
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