Home / Business and Economy / India Audits Truecaller, Eyes $90M Tax Claim
India Audits Truecaller, Eyes $90M Tax Claim
19 Oct
Summary
- Truecaller anticipates a tax claim of 900 million crowns from India.
- The claim includes interest and stems from a transfer pricing audit.
- This audit pertains to Truecaller's operations within India.
Sweden-based Truecaller has announced that Indian authorities are likely to issue a tax claim estimated at around 900 million Swedish crowns. This figure includes accrued interest and follows a comprehensive audit of the company's transfer pricing arrangements in India.
Transfer pricing refers to the prices set for transactions between related entities within a multinational corporation. The audit conducted by Indian tax authorities focused on these internal pricing mechanisms.
As of October 19, 2026, the company is bracing for this significant financial demand related to its operations in India. The exact amount and finalization of the claim are pending further communication from the Indian tax department.
