Rosneft and its partners had in August last year completed a USD 12.9-billion acquisition of Essar Oil to enter the world#39;s fastest-growing energy market, but have to pay a 20 percent withholding tax even after paying corporate tax and dividend, the Russian firm#39;s First Vice President for Economics and Finance, Pavel Fedorov said.Rosneft slams Indian taxation system, calls it hurdle
Rosneft and its partners had in August last year completed a USD 12.9-billion acquisition of Essar Oil to enter the world#39;s fastest-growing energy market, but have to pay a 20 percent withholding tax even after paying corporate tax and dividend, the Russian firm#39;s First Vice President for Economics and Finance, Pavel Fedorov said.
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