Ncell acquisition tax controversy

Telecom

Nepal Government Emerges Victorious in Capital Gains Tax Dispute with Ncell

June 10, 2023

In a significant legal victory, the Nepal government has emerged triumphant in its dispute with Axiata Group, the parent company of Ncell mobile telecommunications company. The International Centre for Settlement of Investment Disputes (ICSID) ruled in favor of the Nepal government, dismissing Axiata’s claims of injustice and unjustified taxes. This landmark case not only clears […]