ByteDance to deposit $11 million in unpaid taxes

A High Court in Mumbai required ByteDance to deposit around $11 million that the tax authorities believe the company owes in unpaid taxes. The tax investigations focus on potential evasion of taxes related to online advertising and other financial agreements between ByteDance and TikTok.  ByteDance denied that it owes the tax the India government is demanding and, ultimately, does not agree with the decision to freeze its accounts in India.