Switzerland Suspends Most Favoured Nation Status To India

EXPLAINER: Most Favoured Nation - What is MFN? Why Switzerland ended this status for India and what's Nestle's role?
In a move that could increase the tax outgo on the dividend income for Indian firms, entities in Switzerland, the country has ended the ‘most favoured nation’ (MFN) status for India. This MFC clause was mentioned in the European nation’s Double Tax Avoidance Agreement (DTAA).
Why has Switzerland suspended 'Most-Favoured Nation' status to India?
Switzerland has announced it will suspend the Most-Favoured Nation (MFN) status granted to India under the double tax agreement treaty, effective January 1, 2025. The move is set to have far-reaching
Switzerland cancels 'most favoured nation' status to India over Nestle ruling
Dividends of Indian entities will be taxed at 10% in Switzerland from January 1 as the European nation has suspended the most favoured nation (MFN) clause in its Double Taxation Avoidance Agreement (DTAA) with India.
Switzerland Suspends 'Most Favoured Nation' Status To India— What It Means For Indian Entities' Tax Liabilities
Switzerland has announced its decision to suspend the Most Favoured Nation (MFN) clause in its Double Tax Avoidance Agreement (DTAA) with India, effective 1 January 2025. The move is expected to increase tax liabilities on dividend income for Indian entities operating in Switzerland.
Why Swiss chose to suspend Most Favoured Nation tag for India
Switzerland ends 5% withholding tax for Indian entities, reverting to 10% from Jan 1, 2025 due to lack of reciprocity. DTAA renegotiation likely.
Switzerland Revokes India's 'Most Favoured Nation' Status Over Nestle Verdict
Switzerland has taken a unilateral stand after the Supreme Court of India's ruling in the Nestle case. It has revoked the 'Most Favoured Nation' or MFN status accorded to India under the Double Taxation Avoidance Agreement or DTAA treaty.
Switzerland cancels MFN status to India, raising taxes on Indian firms
BERN: Switzerland has suspended the Most Favoured Nation (MFN) status under the Double Taxation Avoidance Agreement (DTAA) with India, a move that could result in higher taxes for Indian companies operating in Switzerland and potentially affect Swiss investments in India.
India no longer the most favoured nation for Switzerland; here's why
Switzerland will revoke India’s Most Favoured Nation (MFN) status under their Double Taxation Avoidance Agreement (DTAA) from next year, a move likely to raise taxes on Indian companies operating in Switzerland. Starting January 1, 2025, Indian companies will face a 10% withholding tax on dividends and other incomes, up from the earlier 5% rate.
Switzerland announces suspension of Most-Favoured-Nation clause for India over Nestle verdict
Swiss authorities attributed the suspension to a ruling by India’s Supreme Court last year in the Nestle case, which stipulated that such treaty benefits cannot automatically take effect without forma
Switzerland India trade tax MFN: What does Switzerland's halt of most favoured nation for India mean? EXPLAINED
Switzerland halts MFN status for India, MEA signals renegotiation of tax treaty. What it means for Indian firms
Switzerland Suspends India's 'Most Favoured Nation' Status Over SC's 2023 Nestle Verdict
Switzerland has revoked India's 'Most Favoured Nation' status clause in the Double Taxation Avoidance Agreement (DTAA) between the two countries.
Switzerland Suspends Most Favoured Nation Status To India: What Does That Mean
Switzerland has decided to suspend a special tax benefit called the "most favoured nation" (MFN) status that India had under ...
MFN Clause Suspension By Switzerland: India Needs Strategic Approach For International Taxation Treaties, Says GTRI
The Swiss government has suspended the most favoured nation status (MFN) clause in the Double Taxation Avoidance Agreement ...