TATA COMMUNICATIONS: SPANISH COURT QUASHES €33.61 MILLION VAT DEMAND…

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TATA COMMUNICATIONS: SPANISH COURT QUASHES €33.61 MILLION VAT DEMAND & PENALTY

• COURT RULING: Spain’s National Court ruled in favour of subsidiary TC Spain, annulling the VAT demand and penalty imposed by the Spanish Tax Agency.

• VAT & INTEREST: €15.51 million.

• PENALTY: €18.10 million.

• TOTAL DISPUTE VALUE: Approximately €33.61 million.

• STATUS: The matter remains subject to further legal proceedings.

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October 21, 2026 1.6K