Information technology company Infosys has been fined $224.7 by the Nevada Department of Taxation for violating "short payment of modified
business tax". The period of violation was between Q4 2021 to Q1 2022, the company said in a release.
Short payment refers to a payment that is less than the invoiced amount.
"There is no material impact on financials, operations or other activities of the Company," Infosys said.
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