HMRC and the Indian IT services firm disagree over corporation tax bill of about £20m
Infosys, the company founded by Rishi Sunak’s father-in-law NR Narayana Murthy, is in a multimillion-pound dispute with the UK tax authorities.
HMRC and the Indian IT services firm, in which the prime minister’s wife, Akshata Murty, holds a stake of close to 1%, disagree over a corporation tax bill of about £20m, according to the company’s annual report. The dispute, first revealed by the Times, is one of a clutch of tax issues the company has in a range of jurisdictions, including Australia.
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