Switzerland cited a 2023 ruling by Indian Supreme Court in a case relating to Vevey-headquartered Nestle for its decision to withdraw the MFN status Shivam Verma Updated : Dec 14, 2024, 07:02 PM IST ...
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 ...
The court had held that the MFN clause under the DTAA does not get automatically triggered until notified under the Income Tax Act, 1961. “On the basis of the Indian Supreme Court ruling, the Swiss ...
Following an adverse Supreme Court ruling against Nestle, Switzerland revoked the Most Favoured Nation (MFN) status granted to India. This action will have adverse tax ramifications for Indian ...
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, ...
The Swiss government has suspended the most favoured nation (MFN) status clause in the Double Taxation Avoidance Agreement between India and Switzerland, potentially impacting Swiss investments in ...
Three years ago, Switzerland interpreted that Colombia and Lithuania joining the OECD meant a 5% rate for dividends would apply under the DTAA to India, too, under the MFN clause. More nations may ...
Switzerland has suspended the unilateral application of the most favoured nation (MFN) clause with India under the Double Tax Avoidance Agreement (DTAA). Under this treaty, Switzerland had reduced the ...
It has revoked the 'Most Favoured Nation' or MFN status accorded to India under the Double Taxation Avoidance Agreement or DTAA treaty. Switzerland's move marks a significant shift in bilateral ...
The Swiss government has suspended the most favoured nation status (MFN) clause in the Double Taxation Avoidance Agreement (DTAA) between India and Switzerland, potentially impacting Swiss ...
New Delhi, Dec 13 (PTI) The Swiss government has suspended the most favoured nation status (MFN) clause in the Double Taxation Avoidance Agreement (DTAA) between India and Switzerland, potentially ...
In a significant economic development, Switzerland has announced the withdrawal of the Most Favoured Nation (MFN) status it had granted to India. This follows a legal ruling by the Indian Supreme ...
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