Switzerland will suspend the MFN clause in its DTAA with India starting January 1, 2025, increasing dividend taxes for Indian businesses operating in the country.

Switzerland’s suspension of the MFN clause in its tax treaty with India will double dividend tax rates for Indian investors. Mint examines the Nestle case, the Supreme Court’s ruling, and its wider impact on trade relations.

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 has decided to suspend a special tax benefit called the "most favoured nation" (MFN) status that India had under their Double Taxation Avoidance Agreement (DTAA). This move, effective from January 1,

Switzerland's suspension of India's Most Favoured Nation (MFN) status reportedly will not harm bilateral relations, says the Swiss Embassy in New Delhi. Despite changes in tax protocols and MFN interpretations,

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

Switzerland has withdrawn the most-favored-nation clause for India under their double tax avoidance agreement. This comes after a 2023 Indian Supreme

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 investments in India and leading to higher taxes on Indian companies operating in the European nation.

Switzerland suspends MFN treatment for India under DTAA, but it won't impact EFTA trade deal or Swiss investments.

Switzerland suspended the most favoured nation clause in its tax treaty with India following an Indian Supreme Court ruling. This impacts dividend tax