NIIT USA Subsidiary Faces $600K Tax Demand from Washington State

NIIT (USA) Inc., a wholly owned subsidiary of NIIT Learning Systems Ltd, has received an Audit Report and Notice of Balance Due for tax adjustments from the Department of Revenue, State of Washington. The notice, dated July 30, 2026, and received on July 31, 2026, concludes an excise tax audit for the period January 1, 2022, to December 31, 2025. The aggregate demand is USD 600,303.50, comprising tax, penalty, and interest. The company states there is no impact on operations and that provisions were made prudently. The financial impact is considered immaterial and will be handled according to accounting standards.