Tiger Global to appeal AAR tax ruling on Indian Walmart-Flipkart deal

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Tiger Global to appeal AAR tax ruling on Indian Walmart-Flipkart deal

E-commerce faces greater EU compliance burden

The Indian Authority for Advanced Rulings (AAR) has rejected Tiger Global’s plea for a withholding tax exemption on the sale of its stake in Flipkart to Walmart, but the company is reportedly preparing to appeal.

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