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Kia Becomes Latest Global Firm To Face Tax Troubles In India

Summary by TFD
Indian tax authorities have sent a confidential notice to South Korean carmaker Kia Motors, accusing it of evading millions of dollars in taxes. Kia operates a manufacturing facility in the southern Indian state of Andhra Pradesh and has sold more than a million cars in India since its launch in 2019. I Photo: Kia India Facebook The amount could be as high as $155 million (£125 million), and the notice was issued in April last year, according to…
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TFD broke the news in on Monday, February 10, 2025.
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