Sagility Vows to Fight $10 Million India Transfer Pricing Bill

Indian health care services provider Sagility Ltd. plans to contest a tax adjustment in India over the company’s transfer pricing positions, the company told investors Wednesday.

Sagility received a tax adjustment from the Indian tax authority seeking one billion rupees ($10.7 million), including interest, for transfer pricing positions it took in its 2023-24 tax year, according to a financial filing.

• The tech-enabled health care business management firm, headquartered in India, offers services including managing claim operations, payment integrity, and administrative functions.
• The company said the adjustment has no impact on its finances or operations.
• Transfer pricing is valuation of ...