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RCom arm got huge tax waiver from France after Rafale deal: Report

RCom denies favouritism, says 10-yr-old case was settled under French law

anil ambani
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BS ReporterReuters Mumbai
The French authorities waived taxes amounting to over Rs 1,000 crore (Euro 143.7 million) for a French-registered company of the Anil Ambani group within six months of the announcement by India to buy 36 Rafale jets in 2015, French newspaper Le Monde said.

It claimed that “between February and October 2015, while the French were negotiating the Rafale contract with India, Anil Ambani got a tax waiver of Euro 143.7 million from the French state”.  

When contacted, a Reliance Communications spokesperson denied any favouritism by France and said Reliance FLAG Atlantic France SAS, a subsidiary, owned a terrestrial cable network and other

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