Switzerland cancels ‘most favoured nation’ status to India over Nestle ruling

This means that from January 1, dividends of Indian entities will be taxed at 10% in Switzerland. Dividends of Indian entities will be taxed at 10% in Switzerland from January 1 as the European nation has suspended the most favoured nation (MFN) clause in its Double Taxation Avoidance Agreement (DTAA) with India. In a December […]

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