Dealmaking via Mauritius may be a road less taken

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While the Supreme Court’s ruling on Thursday upholding the Rs 14,500-crore ($1.7 billion) tax demand against Tiger Global has major financial implications for the US-based investment firm, a broader impact could be felt on a wide range of venture capital and private equity investors who for years have used Mauritius-registered entities to invest in Indian companies.

Investors, lawyers and chartered accountants said the impact for other funds may not be uniform but will depend on how their investment vehicles are structured and whether their…



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Dealmaking via Mauritius may be a road less taken



While the Supreme Court’s ruling on Thursday upholding the Rs 14,500-crore ($1.7 billion) tax demand against Tiger Global has major financial implications for the US-based investment firm, a broader impact could be felt on a wide range of venture capital and private equity investors who for years have used Mauritius-registered entities to invest in Indian companies.

Investors, lawyers and chartered accountants said the impact for other funds may not be uniform but will depend on how their investment vehicles are structured and whether their…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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