back to article Xiaomi could be 'adversely affected' by tax allegations in India

Chinese gadget giant Xiaomi has warned in its April-June 2022 earnings report that its troubles in India – related to allegations of improperly moving funds offshore – could noticeably affect business. The company admitted [PDF] the investigations and allegations "could take a long period of time to settle, and the Group could …

  1. Lis

    Nice to see India

    cracking down on things like tax payments avoided.

    Can I assume all the scam call centres pay the required dues as I see no mention of them in the article.

    1. Peshman

      Re: Nice to see India

      Do scam callers pay tax anywhere? Do pickpockets? Do people who use Pawn shops to fence stolen goods?

  2. MyffyW Silver badge
    Coffee/keyboard

    Is there a national security angle?

    China and Pakistan have a long history of cooperation. India could plausibly be a rival super-power in the coming century. Is the stand off starting with cheap mobile phones?

    Coffee stains because maybe I've had too much already :-)

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