India's Supreme Court has ruled that capital gains from Tiger Global's 2018 stake sale in Flipkart to Walmart remain subject to domestic taxation—a significant ruling that impacts overseas investment firms. The decision marks a pivotal moment in how cross-border M&A transactions involving Indian tech companies are treated under tax law. For investors with exposure to similar deals, the ruling underscores the importance of understanding jurisdictional tax implications. Tiger Global's situation demonstrates that profitable exits from Indian startups don't escape taxation simply due to the buyer's international status or deal structure.
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ProofOfNothing
· 4h ago
The Indian Supreme Court's move is truly ruthless. Want to dodge taxes on cross-border M&A? No way.
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GasSavingMaster
· 6h ago
The Indian Supreme Court just delivered a heavy blow. Thinking of making money from Indian startup projects and avoiding taxes? Dream on.
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AirdropNinja
· 6h ago
India's move is really clever, trying to dodge taxes in international transactions? No way, haha
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RamenStacker
· 7h ago
India's move this time is truly impressive; the path for cross-border arbitrage is becoming narrower and narrower.
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GovernancePretender
· 7h ago
India's recent tax ruling is truly impressive. Thinking international buyers can avoid taxes? Dream on. Compliance is still unavoidable.
India's Supreme Court has ruled that capital gains from Tiger Global's 2018 stake sale in Flipkart to Walmart remain subject to domestic taxation—a significant ruling that impacts overseas investment firms. The decision marks a pivotal moment in how cross-border M&A transactions involving Indian tech companies are treated under tax law. For investors with exposure to similar deals, the ruling underscores the importance of understanding jurisdictional tax implications. Tiger Global's situation demonstrates that profitable exits from Indian startups don't escape taxation simply due to the buyer's international status or deal structure.