Articles for Switzerland

No impact of Swiss withdrawal of MFN status to India: Nestle India
4 days, 6 hours ago

No impact of Swiss withdrawal of MFN status to India: Nestle India

The Hindu  

Fast-Moving Consumer Goods major Nestle India on Thursday said the suspension of the MFN clause granted to India by Switzerland will have ‘no impact’ on the company. The suspension of MFN status under the Double Taxation Avoidance Agreement is a policy issue between the government of India and Switzerland and is not ‘Nestle-specific’, the FMCG firm said in a statement. …

India Tax Switzerland Nestle Nestle India No Impact Dtaa
Indian student wears lehenga to her graduation ceremony in Switzerland. Viral pics
4 days, 14 hours ago

Indian student wears lehenga to her graduation ceremony in Switzerland. Viral pics

India Today  

An Indian student has gone viral on social media after choosing to wear a traditional lehenga for her convocation ceremony in Switzerland. Lakshmi Kumari turned heads in a breathtaking net lehenga paired with a raw silk blouse adorned with a delicate zari border. “You’d never guess it was minus degrees and full of snow outside, but obviously, one can’t compromise …

Indian Switzerland Viral
Eurovision 2025: Dutch-Congolese singer Claude to represent the Netherlands in Basel
4 days, 14 hours ago

Eurovision 2025: Dutch-Congolese singer Claude to represent the Netherlands in Basel

NL Times  

Singer-songwriter Claude Kiambe will represent the Netherlands at the Eurovision Song Contest in Basel, Switzerland this coming May. “I feel incredibly honoured to be representing the Netherlands at the Eurovision Song Contest next year and I still can’t believe it. A scandal involving Claude's predecessor, Joost Klein, nearly led to the Netherlands abstaining from future Eurovision events. The Dutch broadcaster …

Dutch Netherlands Switzerland Congo Claude Eurovision Basel
Switzerland bans Lebanon’s Hezbollah, a week after it proscribed Palestinian group Hamas
6 days, 2 hours ago

Switzerland bans Lebanon’s Hezbollah, a week after it proscribed Palestinian group Hamas

Firstpost  

Switzerland generally maintains neutrality and has previously not subscribed to the stance that the two groups are terrorist groups. But that view shifted last year after Hamas launched its large-scale attack against Israel on October 7 Switzerland’s parliament on Tuesday approved a proposal seeking the ban of Lebanese terror group Hezbollah on the grounds of it being a paramilitary terrorist …

Hezbollah Israel Hamas Lebanon Group Switzerland Swiss
The mountains where you can ski right across Europe’s international borders
54 years, 11 months ago

The mountains where you can ski right across Europe’s international borders

CNN  

Editor’s note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. In France’s Southern Alps, Montgenèvre flies the French flag in the almost entirely Italian Via Lattea, while the Swiss and Italians share the Matterhorn from opposite sides of their borders. Contrast this buzzing Tirolean town in southern Austria with its small, serene neighbor across the border in Switzerland, …

Europe France Italy Ski Border Italian French
The best of Europe’s Interrail routes
6 days, 4 hours ago

The best of Europe’s Interrail routes

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Interrail routes European capitals odyssey London – Paris – Brussels – Amsterdam – Berlin – Prague – Vienna – Budapest …

Travel Europe Spain Brussels London Trains Barcelona
Netherlands’ women's team to face former manager Sarina Wiegman at European Championship
6 days, 14 hours ago

Netherlands’ women's team to face former manager Sarina Wiegman at European Championship

NL Times  

The Netherlands women’s team has been drawn to face France, England, and Wales in next year's European Championships. Manager Andries Jonkers’ side finished second in their qualification group behind Italy. England, managed by Dutch manager Sarina Wiegman, is the reigning champions of the European Championship. Wiegman was the manager of the Netherlands when they won the European Championships in 2017 …

Wales Netherlands Championship European Championship Team Group European
England and Wales to face each other and Euro 2025 heavyweights in tough draw
6 days, 16 hours ago

England and Wales to face each other and Euro 2025 heavyweights in tough draw

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. England and first-time qualifiers Wales will then meet in a “Battle of …

France England Wales Spain Italy Netherlands Tournament
UEFA Women’s Euro 2025 Draw, Complete groups announced: World champion Spain to play Italy, Belgium, Portugal
6 days, 20 hours ago

UEFA Women’s Euro 2025 Draw, Complete groups announced: World champion Spain to play Italy, Belgium, Portugal

The Hindu  

World Cup winner Spain will play Italy, Belgium and Portugal in the group stage of the Women’s Euro 2025 tournament as the draw was made in Lausanne on Monday. Reigning European champion and 2023 World Cup runner-up England was drawn alongside France, the Netherlands and Wales, which will be making its major finals debut. Moreover, players participating in the Women’s …

England Spain Italy Portugal Belgium
UEFA more than doubles team prize money for Women's Euro 2025 to $43M
6 days, 21 hours ago

UEFA more than doubles team prize money for Women's Euro 2025 to $43M

Hindustan Times  

LAUSANNE, Switzerland — Prize money for the 2025 Women’s European Championship will more than double, with the 16 teams sharing 41 million euros. HT Image Each federation will get a minimum of 1.8 million euros for playing at Euro 2025 in Switzerland and is obliged to share at least 30% of the money among the players, UEFA's executive committee decided …

Italy Million Euros Uefa Euro Switzerland Prize
Mint Explainer: Why Switzerland withdrew MFN status in its tax treaty with India
1 week ago

Mint Explainer: Why Switzerland withdrew MFN status in its tax treaty with India

Live Mint  

Switzerland has suspended the Most-Favoured-Nation clause in its Double Taxation Avoidance Agreement with India, significantly altering the tax treatment of cross-border dividends. Switzerland has attributed this change to a 2023 Indian Supreme Court ruling in a case involving Nestle SA and others, which clarified that MFN clause benefits require explicit notification by the Indian government under the Income Tax Act, …

India Foreign Policy Tax Court Indian Pti Supreme
Student wears lehenga to graduation ceremony in Switzerland: 'My classmates loved it'
1 week ago

Student wears lehenga to graduation ceremony in Switzerland: 'My classmates loved it'

Hindustan Times  

An Indian-origin student has gone viral for wearing a lehenga to her graduation ceremony in Switzerland. In a conversation with HT.com, Lakshmi explained that this was the first lehenga she has ever owned, and she worked extra hard to have it delivered to Switzerland in time for her graduation. Lakshmi Kumari wore a lehenga to her graduation ceremony at the …

India Indian Lakshmi Switzerland Kumari Lehenga Graduation Ceremony
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
How Marc Rich’s former haven put a top commodity trader on trial
1 week, 1 day ago

How Marc Rich’s former haven put a top commodity trader on trial

Hindustan Times  

When Trafigura Group director Mark Irwin stood up last week to give evidence in a Swiss criminal court, it represented a pivotal moment in the relationship between the world’s commodity traders and the country that many of them call home. Mike Wainwright, former chief operating officer of Trafigura Group, leaves the Federal Criminal Court in Bellinzona, Switzerland Until now, Swiss …

Geneva Corruption Trial Court Trading Prosecutors Switzerland
Why has Switzerland suspended 'Most-Favoured Nation' status to India?
Top News
1 week, 2 days ago

Why has Switzerland suspended 'Most-Favoured Nation' status to India?

Firstpost  

Switzerland has announced it will suspend the Most-Favoured Nation status granted to India under the double tax agreement treaty, effective January 1, 2025. The move is set to have far-reaching impact on Indian companies operating in Switzerland and Swiss investments in India The Most-Favoured Nation status is a term commonly used in international trade agreements to ensure that a country …

India Supreme Court Tax Court Indian Status Supreme
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 Revokes MFN Status In Tax Treaty With India Following Nestle Verdict
Top News
1 week, 2 days ago

Switzerland Revokes MFN Status In Tax Treaty With India Following Nestle Verdict

ABP News  

Switzerland has taken unilateral action following the Supreme Court of India's ruling in the Nestle case, revoking India's "Most Favoured Nation" status under the Double Taxation Avoidance Agreement. The court ruled that the MFN clause between two countries does not automatically apply when a nation joins the Organisation for Economic Co-operation and Development, mainly when India already had a tax …

India Tax Switzerland Treaty Oecd Mfn Mfn Status
Switzerland suspends ‘most favoured nation’ status to India, cites SC's Nestle case ruling
1 week, 2 days ago

Switzerland suspends ‘most favoured nation’ status to India, cites SC's Nestle case ruling

Hindustan Times  

Dividends of Indian entities will be taxed at 10% in Switzerland from January 1 as the European nation has suspended the most favoured nation clause in its Double Taxation Avoidance Agreement with India. REUTERS/Denis Balibouse In a December 11 statement, the Swiss finance department said the move follows a ruling by Supreme Court of India last year that the MFN …

India Tax Colombia Lithuania European Switzerland Swiss
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 Revokes India’s MFN Status
1 week, 2 days ago

Switzerland Revokes India’s MFN Status

Deccan Chronicle  

Mumbai: Switzerland has suspended the Most-Favoured-Nation status granted to India that could lead to higher taxes on Indian companies operating in the European nation. Effective January 1, 2025, Indian companies operating in Switzerland will be subjected to a heightened withholding tax rate on income such as dividends and royalties generated in Switzerland. This decision follows a ruling by the Indian …

India Tax Indian Mfn Switzerland Revokes
UEFA officially punishes Serbia for fan misconduct including trying to burn Albania flag
1 week, 3 days ago

UEFA officially punishes Serbia for fan misconduct including trying to burn Albania flag

The Hindu  

UEFA punished Serbia’s soccer federation for racist acts by fans at two Nations League games, including trying to burn an Albania flag in Switzerland. The decision was announced Friday, hours before Serbia and Albania were drawn by FIFA into the same qualifying group for the 2026 World Cup — meaning they will play each other twice, home and away. UEFA …

World Cup Fifa Switzerland Serbia Fan Albania Uefa Officially
Switzerland withdraws MFN status from India
1 week, 3 days ago

Switzerland withdraws MFN status from India

The Hindu  

In a development that could hurt India’s investment climate and affect firms’ international taxation math, Switzerland has decided to suspend the Most Favoured Nation treatment for India under the two countries’ 30-years old double-taxation avoidance agreement, citing an October 2023 ruling against its validity by the Supreme Court on 11 petitions that were combined with a Nestle plea. Terming this …

India Tax Indian Switzerland Swiss Treaty Srivastava
Europe’s Rates Head Lower in Readiness for Another Trump Era
1 week, 3 days ago

Europe’s Rates Head Lower in Readiness for Another Trump Era

Live Mint  

Europe’s central banks are taking a determined dovish turn to aid economies bracing for more disruption from Donald Trump’s second stint in the White House. The European Central Bank’s own quarter-point move — bringing its rate to a 1 1/2-year low — was accompanied by President Christine Lagarde’s observation that “the direction of travel currently is very clear.” There’ll probably …

Europe Trump European Switzerland Ecb Lagarde Snb
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