Decoding the tax implications of $16-billion Walmart-Flipkart deal

Apart from investors and analysts, taxmen would be closely watching the $16 billion deal. Experts share insights into the tax implications for the online retail major and its employees

Question mark over carry forward of tax losses

Girish Vanvari

As the broad contours of the deal emerge, it appears that Walmart would purchase the shares of Flipkart Singapore which holds majority stake in Flipkart India to effectively gain control over its operations in the country.

The deal would result in an indirect transfer