Switzerland decided to suspend the Most Favoured Nation (MFN) treatment for India with effect from January 1, 2025. The Swiss authorities cited a judgment passed by the Supreme Court

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 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.

Switzerland ends 5% withholding tax for Indian entities, reverting to 10% from Jan 1, 2025 due to lack of reciprocity. DTAA renegotiation likely.

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

Switzerland halts MFN status for India, MEA signals renegotiation of tax treaty. What it means for Indian firms

Switzerland has revoked India's 'Most Favoured Nation' status clause in the Double Taxation Avoidance Agreement (DTAA) between the two countries.