Tiger Global Flipkart exit: What the Supreme Court ruling means for cross-border tax rules
The ruling held that Tiger Global’s $1.6-billion stake sale to Walmart is subject to capital gains tax in India, rejecting the investor’s claim for exemption under the India–Mauritius Double Taxation Avoidance Agreement (DTAA).
The ruling held that Tiger Global’s $1.6-billion stake sale to Walmart is subject to capital gains tax in India, rejecting the investor’s claim for exemption under the India–Mauritius Double Taxation Avoidance Agreement (DTAA).
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