ByteDance says it is 'bleeding' due to India bank account freeze, no relief from court

ByteDance says it is 'bleeding' due to India bank account freeze, no relief from court

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-bytedance-india-tax/bytedance-says-it-is-bleeding-due-to-india-bank-account-freeze-no-relief-from-court-idUSKBN2BN2JS

MUMBAI (Reuters) -An Indian court on Wednesday granted no relief to China's ByteDance, owner of the TikTok video app, in a case where the company challenged the local tax authority's decision to block its Indian bank accounts, dealing a blow to its operations.

ByteDance says it is 'bleeding' due to India bank account freeze, no relief from court

Mar 31, 2021, 5:25pm UTC
https://www.reuters.com/article/us-bytedance-india-tax/bytedance-says-it-is-bleeding-due-to-india-bank-account-freeze-no-relief-from-court-idUSKBN2BN2JS >MUMBAI (Reuters) -An Indian court on Wednesday granted no relief to China's ByteDance, owner of the TikTok video app, in a case where the company challenged the local tax authority's decision to block its Indian bank accounts, dealing a blow to its operations.