Intel puts $ 700m Wafer Testing Unit on Hold as Indian Government declines Tax Concessions for 15 years

    Date: 09/13/05 (Java Web)    Keywords: no keywords

    “The company conveyed to the government last week that it would not be able to make the investment as the project would not be viable without the tax concessions. The company, however, said it would explore opportunities in the future,” an unnamed Intel official told Business Standard. Intel had sought tax concessions from the Indian government [...]

    Source: http://blog.taragana.com/index.php/archive/intel-puts-700m-wafer-testing-unit-on-hold-as-indian-government-declines-tax-concessions-for-15-years/

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