Over decades, foreign investors have poured $180 billion into India via the tax haven of Mauritius. Now, an Indian court ruling is spooking investors as it could potentially reshape the M&A and investment landscape by strengthening New Delhi’s hand against tax evasion. India ended the tax-free system under the India-Mauritius treaty in 2017, but Tiger […]
Tiger Global’s $1.6-billion stake sale in Flipkart at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, the Supreme Court of India said on Thursday in what is seen as a landmark ruling on use of international tax treaties by companies. Walmart acquired Flipkart for $37 billion in 2018 in what […]
