India court to rule on Tiger Global's 2018 deal with Walmart in landmark tax case

Core Viewpoint - India's top court is poised to make a significant ruling regarding the taxation of Tiger Global's $1.6 billion stake sale in Flipkart to Walmart, which may set a precedent for international tax treaty applications by firms [1] Group 1 - The ruling will determine whether taxes should be imposed on the stake sale conducted by the U.S. investment firm Tiger Global [1] - The case involves a substantial amount of $1.6 billion, highlighting the financial implications of the court's decision [1] - This ruling could be landmark in nature, potentially influencing how international tax treaties are interpreted and applied by companies in the future [1]