Switzerland Suspends MFN Status to India, Cites SC Ruling in Nestle Case
14 Dec 2024
Switzerland has suspended the "Most Favoured Nation" (MFN) status in its Double Taxation Avoidance Agreement (DTAA) with India, meaning that starting January 1, dividends from Indian entities will be taxed at 10% in Switzerland. The Swiss finance department announced the decision on December 11, citing a ruling by the Indian...
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