Switzerland Suspends Most Favoured Nation Status To India
Swarajya · 15h
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.
NDTV · 1d
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.
tbsnews · 3h
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.
Business Recorder · 7h
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.
Fortune India · 22h
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.
The Telegraph · 23h
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
moneycontrol.com · 1d
Switzerland scraps 'most favoured nation' status to India, dividend income to face higher tax
According to a December 11 statement by the Swiss finance department, the move follows the Supreme Court of India last year ruling that the MFN clause doesn't automatically trigger when a country join
CNN-News18 · 20h
Switzerland Suspends MFN Status To India: What It Means For Stock Market Investors?
The suspension of most favoured nation (MFN) status for India by Switzerland introduces tax challenges for Indian firms operating in Switzerland, particularly in sectors like financial services, pharmaceuticals,
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