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

The Supreme Court of India ruled that Tiger Global's stake sale in Flipkart is taxable. This decision sets a precedent for cross-border deals in the country.

洞察:
On January 15, 2026, the Supreme Court of India ININissued a landmark judgment ruling that the $1.6 billion stake sale by Tiger Global in Flipkart to Walmart Inc. is subject to Indian taxation. The decision overturned a previous Delhi High Court ruling that had initially found no wrongdoing by the investment firm. Tiger Global had sought tax exemption under the India-Mauritius MUMUtax treaty, but the nation's highest court has now rejected that claim.
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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