Nokia (NOK) Offices in India Raided Over Looming Tax Bill

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Go back to Nokia (NOK) Offices in India Raided Over Looming Tax Bill

India Overturns Nokia (NOK) Appeal on Tax Claims

May 31, 2013 9:13 AM EDT

Nokia Corp (NYSE: NOK) shares are lower Friday following news that its appeal to overturn a tax ruling was dismissed.

According to reports, Indian authorities dismissed an appeal by Nokia over an income tax demand of 20.8 billion Indian rupees (about $370... More