BusinessPhoto: Business StandardTruecaller Faces $91 Million Tax Claim from India Over Transfer Pricing
Sweden's Truecaller expects a tax claim of about 900 million Swedish crowns ($90.85 million) from Indian authorities following a transfer pricing audit. The claim includes interest and relates to revenue allocation between Truecaller entities for the 2022/23 financial year. Truecaller anticipates a total liability of 900 million crowns for 2018/19 to 2023/24 but expects 350 million crowns back under double-taxation relief, netting a potential exposure of 550 million crowns.
Business Standard·




