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SAMSUNG TAX DISPUTE
Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
Samsung’s $416,000 chip worker bonuses may reshape labour battles in South KoreaSamsung Electronics has agreed to a significant bonus deal with its union, a move that could reshape wage bargaining in South Korea. Memory...
18 days. That's all it takes for a Samsung strike to crash the global AI chip market, and the whole world is holding its breathSamsung strike to crash the global AI chip market: The Samsung strike threatens global AI chip supply chains as 45,000 workers plan an 18-d...
At Samsung, the global AI boom spurred a looming strike and deep divisionsA major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could dis...
Samsung Electronics' board chairman urges union to resolve pay disputesIn an internal memo to employees on Tuesday, Shin Je-yoon said he was "worried about losing market leadership amid fleeing customers and f...
Samsung Electronics' board chairman urges union to resolve pay disputesSamsung Electronics chairman Shin Je-yoon has appealed to unionised workers to settle pay disputes. A planned 18-day strike from May 21 cou...
From Samsung to BYD: Foreign companies and their tax tussles with IndiaForeign companies in India face significant tax disputes, including Samsung's $601 million penalty for tariff evasion, Volkswagen’s $1.4 bi...
Samsung weighs legal options on Rs 5,100 crore customs demandSamsung India is exploring legal options after customs authorities demanded ₹5,100 crore in taxes and penalties for alleged evasion of duty...
India hunts for back taxes as world grapples with tariffsPresident Trump plans new tariffs on cars, aluminum, and pharmaceuticals. India pursues foreign companies like Samsung and Volkswagen for b...
India slaps Samsung with tax demand of $601 million for telecom importsIndia has ordered Samsung to pay $601 million in back taxes and penalties for evading tariffs on telecom equipment imports. The company mis...
Delhi High Court upholds ITAT order, rejects income tax petitions against SamsungThe Delhi High Court has ruled that Samsung Electronics Co's subsidiary in India does not have a fixed place permanent establishment and ca...
Delhi HC sets aside IT tribunal’s order refusing stay on Rs 1,214 crore tax demand levied on Samsung IndiaThe Delhi High Court has set aside the ITAT's order refusing Samsung India's stay application on a Rs 1,214 crore tax demand for the assess...
Samsung exploring ‘legal opinion’ after DRI's Rs. 17k crore tax evasion notice"This is a tax dispute involving interpretation of law. We are reviewing the notice and are exploring legal opinion," a Samsung India spoke...
Samsung India says reviewing govt notice on tax dispute"This is a tax dispute involving interpretation of law. We are reviewing the notice and are exploring legal opinion," a Samsung India spoke...
Lee Kun-hee, who made S.Korea's Samsung a global powerhouse, dies at 78Lee, who was 78, helped grow his father Lee Byung-chull's noodle trading business into South Korea's biggest conglomerate. His death came m...
Flipkart eyes space in upcoming logistics park in Andhra PradeshFlipkart, has shown interest in acquiring at least one million square feet of space in an upcoming logistics park in Andhra Pradesh, chairm...
Foreign handset makers in India seek speedy resolution to Nokia tax caseA resolution to the Nokia tax dispute topped wish list of foreign handset makers in India as their executives met Telecom Minister Ravi Sha...
Nokia in talks with govt for better business environmentNokia it was in discussions with the central and the state governments over ways to bring greater clarity to the business environment in th...
Nokia has been good tax-paying citizen: CEOThe income tax department had in March issued the massive tax demand on the Indian unit of the mobile phone maker.
- IT cos to pay tax on software purchases
IT cos subject to TDS when they buy software from global vendors like Microsoft. Tech majors eye UN ERP project I More time needed to gauge...