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Axiata to get tax bil for Ncell takeover

Wednesday 10 April 2019 | 12:13 CET | News
Axiata Group has confirmed that the Supreme Court of Nepal has issued its full written order on 9 April in relation to its oral order dated 6 February on a public interest litigation filed by a group of Nepali individuals. The public interest litigants sought various orders from the Supreme Court, including that tax be collected from Ncell and Axiata Investments UK in relation to the indirect transfer to Axiata UK of an 80 percent stake in Ncell through the sale of Reynolds Holdings, by the previous foreign investor TeliaSonera. 

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Categories: Mobile & Wireless
Companies: Axiata / Ncell
Countries: Nepal
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