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RCom rubbishes French media report on tax issue

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The deal for procurement of 36 Rafale fighter jets from Dassault was announced in April 2015 during Modi’s visit to Paris.
NEW DELHI: The Reliance Communications on Saturday rubbished a media report which claimed that taxes to the tune of 143.7 million euro were waived by the French authorities for a France-based company of Anil Ambani “just a few months” after Prime Minister Narendra Modi announced the decision to buy 36 Rafale fighters in 2015.
In a statement issued here, the Reliance Communications clarified that the tax issue of its subsidiary Reliance FLAG Atlantic France SAS pertained to the year 2008 and had been settled as per the local laws, much before the Indian government decided to purchase Rafale jets from French company Dassault.

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