Tiger Global’s tax ruling casts pall on India’s buyout sector
Published on: Jan. 19, 2026, 9:48 a.m. | Source: The Economic Times
An Indian Supreme Court ruling requiring Tiger Global to pay capital gains tax on its Flipkart stake sale has wide implications for private equity and trading firms using offshore structures. The court overturned a lower court decision and held that Tiger Global cannot claim tax treaty benefits through Mauritius because key decisions were made in the US, not the island nation.
