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Amazon Faces Tax Dispute In India

Posted at 1:28PM Tuesday 02 Sep 2014

Amazon expansion plans for India have hit a snag after the company finds itself in a tax dispute with the government in the southern Indian city of Bangalore, where its local operations are headquartered. While the e-commerce giant from Seattle has argued that it only acts as an intermediary between sellers and buyers in the country, it has been accused of violating India's foreign direct investment, or FDI, regulations by trying to make a "backdoor entry" into the country's retail business.

ibtimes.com




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