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India says quashing Volkswagen’s $1.4 billion tax bill would be ‘catastrophic’

By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) – India’s government has told a court in Mumbai that agreeing to Volkswagen’s demand to quash a $1.4 billion tax bill would have “catastrophic consequences” and encourage companies to withhold information and delay inquiries, court documents show. India’s highest-ever demand for back taxes related to import […]