Current RDS.B Stock Info

Bombay High Court’s decision could make India more attractive to foreign companies

Royal Dutch Shell (ticker: RDS) has won its court case in India over a $2.5 billion lawsuit. The Indian tax authority tried to collect transfer pricing taxes on $160 million of equity infusions made by Shell into its India subsidiary in 2008 and 2009, reported Petro Global News. The tax agency accused Shell’s India branch of undervaluing shares it traded with its parent company in order to avoid taxes.

The value of assets, products and services traded betwe...

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