Walt Disney Co. has successfully outbid Comcast Corp. for control of 21st Century Fox Inc. and its prized Indian assets—and now the next hurdle could be structuring the deal in order to eliminate its tax bill in the country.
The $71 billion acquisition, announced June 20, will trigger taxes in the U.S., since both entities are based there, but it also involves a stake in two of India’s largest media companies: Tata Sky Ltd. and Star India Pvt. Ltd.
While that means the deal will almost certainly draw scrutiny from ...