Indian govt need to resolve tax issues with F1: Vijay Mallya

Force India team principal Vijay Mallya feels the Indian government needs to open a dialogue with the Formula One and resolve the tax issues faced by the teams after the 2014 Indian Grand Prix was dropped following a rejig in the racing calendar for the coming year. 

‘Yes, there is a problem with India’s tax authorities, but India’s tax authorities tend to be a very difficult bunch. They even launched a humongous tax claim on Vodafone and Nokia and other multi-national companies. This sort of standoff on taxes is nothing unusual,’ Mallya was quoted as saying by ‘ESPNF1’.

 ‘Their logic is that there are 19 races and one race is India, therefore 1/19th of all revenue generated in Formula One is subject to Indian tax. We need to sit down with them and talk.’