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FOXCONN TAX DEMAND
Xiaomi challenges India taxman in SC over tariffs on royaltiesXiaomi contests a significant Indian tax demand on royalty payments. The company argues the ruling misinterprets contract manufacturing pra...- Foxconn gets a breather as Karnataka govt asks gram panchayats not to act on tax noticesKarnataka government intervenes to prevent a dispute between local gram panchayats and Taiwanese manufacturer Foxconn. The government has d...
- Foxconn gets tax demand notice from two gram panchayats, industries dept to interveneFoxconn's Bengaluru facility has received notices from local gram panchayats demanding taxes and land use details. This has created a polit...
- Foxconn wins approval for new $569 million investment in WisconsinTaiwan's Foxconn has secured regulatory approval for a $569 million expansion in Wisconsin to boost AI server production and strengthen U.S...
- Dream11’s homecoming; Apple’s bigger India biteHappy Monday! Dream Sports, Dream11's parent has relocated its domicile to India from the US. This and more in today’s ETtech Morning Dispa...
- Foxconn China probe: Taiwan frontrunner hits out as allegations become election issueFoxconn is facing a tax probe in China, two sources close to the company said on Monday, confirming a report in China's state-backed Global...
- iPhone 12 production on track at Foxconn unit, Mini may be late post Wistron incidentTwo industry executives said the ‘Made in India’ iPhone 12 from Foxconn is expected to hit the stores within two months, in accordance with...
- Foxconn awaits export duty clarity for expansion in IndiaiPhone maker Foxconn said that it may look at extending its manufacturing capabilities to make more ecosystem devices in India for domestic...
- Apple supplier Salcomp buys Nokia’s Chennai factory, once a Make in India poster childThe factory is expected to generate employment for close to 10,000 people, besides a $2-bn export boost.
- India, Finland settle Nokia tax rowIndian tax authorities issued the tax notice of Rs 2,500 crore to Nokia for violating withholding tax norms since 2006 while making royalty...
- GST a worry for phone manufacturers bullish on IndiaFoxconn was one of the large factories to close down in Tamil Nadu and re-emerge within two months across the border in Andhra Pradesh to m...
- Taxation won’t come in the way of Foxconn-Nokia deal: OfficialSundararajan said the companies willing to start production in the country typically look at return on investment (RoI), which India offers.
- Duty sop in GST holds key to Foxconn's Nokia unit takeoverAs GST will subsume all state taxes, retention of the duty differential becomes key for Foxconn to survive, expand in India
- Foxconn wants to keep off Nokia's legal, financial issuesFor fructifying a deal with Foxconn, Nokia will need to reach out to the Indian government, specifically the departments of revenue, income...
- Foxconn, Government move ahead for a deal on Nokia's Chennai factoryCompanies like BYD, Lite-On Mobile and notably Foxconn as vendors for the Nokia plant followed suit, snuffing out jobs in tens of thousands...
- India, Nokia focus on settling tax rowNokia had last year approached the Delhi High Court seeking directions to de-freeze the attachment made by the Income Tax department in Sep...
- Government rings up Foxconn for sale of Nokia's Chennai plant; talks held with Terry Gou 10 days backA source said that it was necessary for revenue authorities and Nokia to see eye to eye on how to relieve this asset from tax wrangles for ...
- Tax issue not to impact new Nokia phone business: ICAThe income tax department has tentatively raised a Rs 10,000-crore demand from Nokia, which the company has contested.
- Rising unemployment: Foxconn still holds ray of hope for jobless staffThe slew – begun when Nokia slipped into a tax net and had to forgo its largest unit in deal with Microsoft– now has one of its supplier un...
- Foxconn considering Taiwan productionFoxconn Technology Group, shaken by a spate of worker suicides at its mammoth industrial compound in southern China, said Thursday it could...
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