NCell and Capital Gains Tax

NCell and Capital Gains Tax – Governance in Nepal

CESIF Nepal Economy and Development, News Digest, Thematic Areas Leave a Comment

The controversial debate over capital gains tax related to NCell’s transfer of ownership from TeliaSonera to Axiata came to a closure this week with a Supreme Court verdict. A full bench consisting of five justices said NCell and Axiata companies are liable to pay the capital gains tax.[1] The Supreme …