This article tends to underline the taxation of cross-border mergers and acquisition (M by analysing the recent Vodafone ruling rendered by the Mumbai High Court. It explains the whole transaction like a fairy tale and then move onto to highlight the actual problems as perceived by revenue. It further analyses the ruling in great detail and also points out what Vodafone could have done to avert the situation. Moreover, it also advocates for an international tax regime and sought to give some pragmatic solutions to the problem of taxation of cross-border M
Intertax