On January 25, the Nevada Department of Taxation sent a communication to the Bengaluru-based software services exporter for collection of penalty. The violation(s)/contravention(s) committed or alleged to be committed is “short payment of modified business tax for Q4 2021 to Q1 2022”, Infosys said in the disclosure on Monday evening.
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Infosys charged $225 penalty by US authority on tax violation
On January 25, the Nevada Department of Taxation sent a communication to the Bengaluru-based software services exporter for collection of penalty. The violation(s)/contravention(s) committed or alleged to be committed is “short payment of modified business tax for Q4 2021 to Q1 2022”, Infosys said in the disclosure on Monday evening.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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