India Supreme Court Rules Tiger Global Flipkart Stake Sale Subject to Taxes

The Indian Supreme Court ruled that Tiger Global's 2018 sale of its Flipkart stake is taxable. The court rejected treaty claims in a landmark decision.

Insights:
The Supreme Court of India ININruled on January 15, 2026, that Tiger Global’s $1.6 billion stake sale in Flipkart to Walmart Inc. is subject to domestic taxes. The decision rejected the investment firm's attempt to claim tax exemptions under the treaty between Indiaand Mauritius MUMU. The ruling establishes a precedent for how the nation will apply tax principles to cross-border transactions and international tax treaty usage.
FILE PHOTO: A woman checks her mobile phone inside the premises of the Supreme Court in New Delhi, India, September 28, 2018. REUTERS/Anushree Fadnavis/File Photo
FILE PHOTO: A woman checks her mobile phone inside the premises of the Supreme Court in New Delhi, India, September 28, 2018. REUTERS/Anushree Fadnavis/File Photo
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