Published: Aug 01, 2024, 06:15 IST | Updated: Aug 01, 2024, 06:15 IST
World Business Watch Aug 01, 2024, 06:15 IST
Infosys faces $4 billion tax demand for services from overseas branches
Reports suggest that indian tech giant Infosys is facing a massive tax demand of approximately $4 billion from the country’s tax authority. The demand stems from services received by infosys from its overseas branches between 2017 and 2022. The company has refused any tax fraud claims.