Articles for Favoured Nation

Switzerland withdraws India's 'most favoured nation' status: 2 key impacts
Trending News
1 week ago

Switzerland withdraws India's 'most favoured nation' status: 2 key impacts

India Today  

Switzerland has withdrawn the most Favoured Nation status for India under their Double Taxation Avoidance Agreement, effective January 2025. This move stems from a 2023 Indian Supreme Court ruling involving Nestlé, a Swiss multinational, which clarified that MFN benefits under the treaty are not automatically triggered without proper notification by Indian authorities. Indian businesses must prepare for increased tax liabilities …

Tax Indian Dtaa Indian Businesses Mfn Favoured Nation Switzerland Withdraws
Switzerland India trade tax MFN: What does Switzerland’s halt of most favoured nation for India mean? EXPLAINED
1 week, 2 days ago

Switzerland India trade tax MFN: What does Switzerland’s halt of most favoured nation for India mean? EXPLAINED

Live Mint  

Following an adverse Supreme Court ruling against Nestle, Switzerland revoked the Most Favoured Nation status granted to India. Switzerland said in a statement that the MFN clause in the protocol to the agreement between the Swiss Confederation and the Republic of India to prevent double taxation about income taxes would no longer be applied. India's DTAA with Switzerland may require …

India Taxation Tax Indian Nation Switzerland Double
Switzerland cancels 'most favoured nation' status to India over Nestle ruling
Top News
1 week, 2 days ago

Switzerland cancels 'most favoured nation' status to India over Nestle ruling

India Today  

The Swiss government has suspended the most favoured nation status clause in the Double Taxation Avoidance Agreement between India and Switzerland, potentially impacting Swiss investments in India and leading to higher taxes on Indian companies operating in the European nation. According to a December 11 statement by the Swiss finance department, the move follows the Supreme Court of India last …

India Tax Indian Cent Switzerland Swiss 10 Per Cent
Switzerland suspends 'Most Favoured Nation' status to India over Nestle verdict
Top News
1 week, 3 days ago

Switzerland suspends 'Most Favoured Nation' status to India over Nestle verdict

India TV News  

The government of Switzerland has suspended the most favoured nation status clause in the Double Taxation Avoidance Agreement between India and Switzerland, potentially impacting Swiss investments in India and leading to higher taxes on Indian companies operating in the European nation. According to a statement made on December 11 by the Swiss finance department, the move follows the Supreme Court …

India Indian Status Cent Swiss 10 Per Cent Nestle