NEW YORK ( TheStreet) -- India's tax authorities could probe General Electric (GE - Get Report), AT&T (T - Get Report), SABMiller, Sanofi-Aventis (SNY - Get Report), and Mitsui (MITSY) deals in India after receiving a favorable verdict on a Vodafone (VOD) acquisition.During 2007, Vodafone bought Hutchison's (HTX) stake in the Hutchison-Essar joint venture for $11.1 billion. After the deal, India's tax authorities contended that Vodafone was liable to pay capital gains tax on the deal as it involved the transfer of assets in India through an overseas transaction.
India Could Tax GE, AT&T, After Vodafone Ruling
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