{
Ravindra S Bhat

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switzerland revokes india's mfN status following supreme court ruling on taxation

Switzerland has suspended India's Most Favoured Nation (MFN) status effective January 1, 2025, citing a 2023 Supreme Court ruling regarding the Double Taxation Avoidance Agreement (DTAA) with Nestle. The Court determined that benefits from other countries' DTAAs cannot be claimed by Switzerland unless its own agreement is amended and notified under Indian law. This decision underscores the necessity of reciprocity in international tax treaties.
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United States Dollar Nestle SA Steria India Ltd. LTU IND GBR COL SVN CHE Ravindra S Bhat Dipankar Datta Show more
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11:31 16.12.2024
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