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Infosys admits appeal against UK tax assessment, says report

There is no suggestion of wrongdoing by Infosys, the newspaper highlights

Press Trust of India Mumbai

Premium

Photo: Bloomberg

2 min read Last Updated : Jan 31 2023 | 9:53 PM IST

Software services major Infosys on Tuesday admitted that it has appealed against a corporation tax assessment by the UK authorities as British media reports referenced the company's annual report to reveal the dispute.

Reports here are flagging that the firm co-founded by British Prime Minister Rishi Sunak's father-in-law, Narayana Murthy, was contesting a GBP 20 million tax bill with His Majesty's Revenue and Customs (HMRC) department.

The dispute, first revealed by ‘The Times', comes at a sensitive time for Sunak who sacked his Conservartive Party chief, Nadhim Zahawi, after an investigation found he had breached the ministerial code of ethics over his tax affairs.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)