Bloomberg Law
Private Equity
LinkedIn

Tiger Global’s Tax Ruling Casts Pall on India’s Buyout Sector

Jan. 19, 2026, 2:00 AM UTC
Ranjani Raghavan
Ranjani Raghavan

An India court ruling forcing Tiger Global Management to pay taxes on an asset sale will have ripple effects on other buyout firms seeking to unload long-held investments, and may set a precedent for tax probeson high-frequency trading firms including Jane Street Group.

The Indian Supreme Court ruled Thursday that New York-based Tiger Global must pay capital gains taxes on its 2018 sale of Flipkart India Pvt Ltd. shares to Walmart Inc. The top court overturned a lower court ruling that allowed Tiger Global to claim exemptions on the sale based on a tax treaty with Mauritius.

The ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.