India and Finland likely to discuss visas, $350M Nokia tax bill
Summary:During bilateral trade talks this week, India push for simplify Finland's lengthy visa process, while Finland will likely take up the US$350 million tax bill levied against device manufacturer Nokia.
India is likely to push for a faster and easier visa process for its citizens entering Finland, the Hindu reported on Tuesday.
Commerce and Industry Minister Anand Sharma will raise the issue of Finland's lengthy visa application process, as well as the short lifespan of the visas, when he meets this week with Finland’s Economic Affairs Minister Jan Vapaavuori and Foreign Trade minister Alexander Stubb.
"The Minister is likely to point out that given Finland’s need for a high quality work force, it would be in its own interest to facilitate at least the movement of intra-corporate transferees and other skilled personnel from India," a commerce department official told The Hindu.
Finland will likely take up a US$350 million (20 billion rupees) tax notice served to Nokia, which relates to royalties on software downloaded on devices manufactured at Nokia's Chennai plant. However, India is ready to defend the tax claims, the commerce official said.
The phone maker has maintained that it was in full compliance with Indian laws as well as the bilaterally negotiated tax treaty between the Governments of India and Finland.
"Nokia will defend itself vigorously in this case and against any other Indian tax allegations, using all channels available," the company previously said in a statement.
The Finnish government could take up the Nokia's issue
Mahesh Sharma earned his pen licence in his homeland, where he covered the technology industry for ZDNet, SMH, Sky Business News, and The Australian--first as an FTE, and later as a freelancer. The latter fueled his passion for startups and empowered a unique perspective on entrepreneurs' passion to solve problems using technology. Armed...