Vodafone may set aside $2.2 billion for Indian tax claim

09/17/2012 | Bloomberg Businessweek

Vodafone Group may reverse course and put aside $2.2 billion as a provision to cover the Indian government's tax claim against the wireless provider, Chief Financial Officer Andy Halford said, adding that the carrier was reacting to a new wrinkle in the country's tax code that could be applied retroactively.

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