Monday, June 14, 2021

UK Chancellor Rishi Sunak Drawn Into In-Law Narayana Murthy Amazon Tax Dispute: Report

Cloudtail — the online retailing joint venture of Infosys co-founder N. R. Narayana Murthy's firm and Amazon — faced a GBP 5.5 million (roughly Rs. 56.83 crores) demand, including interest and penalties, from tax authorities after it paid "meagre" taxes over the past four years, a media report said.

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