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

Experts share insights into the tax implications for the online retail major and its employees

Flipkart

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 of shares situated in ...