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UK Chancellor Rishi Sunak dragged into in-law Narayana Murthy firm, Amazon's tax dispute businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Infosys founder and mentor Narayana Murthy (R), his wife Sidha Murthy and son Rohan Murthy in Bangalore in 2019 Photograph: Manjunath Kiran/AFP/Getty Images One of the largest sellers on Amazon.in is a company called Cloudtail, a business indirectly 76%-owned by an investment firm controlled by the Murthy family. The remaining quarter of Cloudtail is indirectly owned by Amazon. An analysis of the companyâs accounts and activities by the Guardian shows that Cloudtail: faces a £5.5m demand â including âinterest and penaltiesâ â from Indiaâs tax authorities has paid âmeagreâ taxes over the past four years, while using a business model described as Amazon âon steroidsâ ....
Sunak drawn into in-laws' Amazon India tax row as they face $7.7 mn bill business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Amazon Tax Dispute: UK Chancellor Rishi Sunak drawn into in-law Narayana Murthy Amazon tax dispute indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Rishi Sunak Drawn Into Father-In-Law Narayana Murthy Amazon Tax Dispute ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.