Company in Finland

  • Finland keen to invest despite Nokia’s tax issues

    INDIA, 2013/10/19 Despite Nokia’s woes with Indian tax authorities, Finland is keen to invest in India as it finds tremendous business opportunities here. However, Finland has taken up Nokia’s tax dispute with the Centre, and hopes to resolve it at the earliest. “I am hopeful that it (Nokia’s tax dispute) will be resolved any minute at this time. Of course it is part and parcel of the investment climate, and international investors will not come down if they feel that a particular company like Nokia or Vodafone has not been rightly treated. Again there will be quick thumbs down, and it will lead to loss of foreign direct investment (FDI),” Alexander Stubb, Minister for European Affairs and Foreign Trade, Government of Finland, told The Hindu.