Vodafone wins international arbitration against India in $2 billion tax dispute case: sources

By Aditi Shah

NEW DELHI (Reuters) – Vodafone Group Plc has won an international arbitration case against the Indian government in a $2 billion retrospective tax dispute, according to two sources with direct knowledge of the matter.

The tribunal ruled that the Indian government’s imposition of a tax liability on Vodafone is in breach of the investment treaty agreement between India and the Netherlands, one of the sources said.

(Reporting by Aditi Shah; Editing Euan Rocha)