Supreme Court reopens tax scrutiny of Tiger Global’s Flipkart stake sale to Walmart
The Supreme Court has stayed a Delhi High Court tax exemption linked to Tiger Global’s sale of its Flipkart stake in Walmart’s $16 billion acquisition, reviving capital-gains scrutiny around the 2018 transaction.
What happened
Supreme Court stayed a Delhi High Court tax exemption for Tiger Global’s Flipkart stake sale to Walmart, reopening capital-gains scrutiny tied to Walmart’s $16
Key facts
- 77% stake
- $16 billion acquisition
- 2020 ruling
- September 28 market closure
Why this matters
Walmart-scale acquisitions should build stronger tax-residency, treaty, and post-close litigation protections into cross-border deal structures.