The Vodafone Tax Saga and India’s Arbitration Worries

/ Arbitration, bilateral treaties, BIPA, capital gains, Chidambaram, Delhi High Court, dispute, foreign investment, Hutchinson, ICSID, Income Tax Act, investment treaties, ISDS, Netherlands, Pranab Mukherjee, Retrospective Taxation, Supreme Court, Tax, United Kingdom, Vodafone

A recent ruling by the Delhi High Court has forced the Indian government to face not one but two arbitration proceedings against Vodafone in the biggest-ever tax dispute of its kind that has been going on for over a decade. The outcome of the dispute will have international ramifications and very significant implications on the implementation of bilateral investment treaties and the investor-state dispute settlement regime in the country.

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