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 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 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 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 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Switzerland has withdrawn the most-favored-nation clause for India under their double tax avoidance agreement.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