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Mallya urges India to resolve tax issues

Force India team boss Vijay Mallya has urged Indian government officials to find a solution for the tax issues that have persistently troubled the country's Grand Prix. Ever since India joined the Formula 1 calendar in 2011, teams have faced significant customs duties and corporation tax, with Bernie Ecclestone recently suggesting that the race will be dropped from the 2014 roster due to "very political" problems. Recognising the potential implications of the approach taken by the tax authorities, Mallya says discussions need to be held in order to find a suitable compromise. Vijay Mallya"There is a problem with India's tax authorities, but India's tax authorities tend to be...
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11y ago from GPUpdate.net 0
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