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bbc.com
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Kia Faces $155 Million Tax Evasion Accusation in India
Indian tax authorities accuse South Korean carmaker Kia Motors of $155 million in tax evasion for allegedly importing car components in separate lots to lower customs duties; Kia says it has responded with evidence, but the dispute highlights concerns about India's tax system and investment climate.
Kia Faces $155 Million Tax Evasion Accusation in India
Indian tax authorities accuse South Korean carmaker Kia Motors of $155 million in tax evasion for allegedly importing car components in separate lots to lower customs duties; Kia says it has responded with evidence, but the dispute highlights concerns about India's tax system and investment climate.
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