{
Tax Policy & Corporate Taxation

SubCategory

}
Switzerland revokes most favoured nation status for India impacting tax rates
Switzerland has revoked the Most Favoured Nation (MFN) status for India, effective January 1, 2025, following a Supreme Court ruling related to Nestle. This change, stemming from a disagreement over the interpretation of the Double Tax Avoidance Agreement, will increase tax on dividends for Indian firms, raising the rate from 5% to 10% for income earned post-2024, while prior earnings remain unaffected.
summary_large_image
Swiss Franc Indian Rupee Nestle SA CHE IND
Regulatory & Legal, News Article
07:43 14.12.2024
Switzerland revokes India's MFN status in tax treaty after Supreme Court ruling
Switzerland has revoked India's "Most Favoured Nation" status under the Double Taxation Avoidance Agreement following a Supreme Court ruling regarding the Nestle case. The court clarified that the MFN clause does not automatically apply when a country joins the OECD, impacting Indian companies in Switzerland and Swiss investments in India.
english
United States Dollar Nestlé S.A. IND
Regulatory & Legal, News Article
06:13 14.12.2024
Switzerland revokes MFN status for India following Supreme Court ruling
Switzerland has revoked the most favoured nation (MFN) status for India, following a Supreme Court ruling that deemed the MFN clause inapplicable without proper notification. Starting January 1, 2025, Indian entities will face a higher withholding tax on income generated in Switzerland, with dividends taxed at 10%, up from 5%. This decision reflects a significant shift in bilateral tax treaty dynamics and may increase tax liabilities for Indian companies operating in Switzerland.
The Tribune
United States Dollar Nestlé S.A. CHE IND Amit Maheshwari Sandeep Jhunjhunwala
Regulatory & Legal, News Article
02:44 14.12.2024
switzerland suspends most favoured nation status for india after supreme court ruling
Switzerland has suspended the 'Most Favoured Nation' status in its tax treaty with India, imposing a 10% tax on dividends from Indian entities starting January 1. This decision follows a Supreme Court ruling regarding the applicability of the MFN clause, particularly in relation to the Nestlé case, and may lead to renegotiations of the existing tax treaty amid India's recent trade pact with the European Free Trade Association.
NewsX World
United States Dollar Swiss Franc Indian Rupee Euro Nestlé S.A. CHE LTU IND COL Randhir Jaiswal Joe Biden Show more
Regulatory & Legal, News Article
01:56 14.12.2024
Switzerland suspends MFN status for India following Supreme Court ruling
Switzerland has suspended the most favoured nation (MFN) status for India, resulting in a 10% tax on dividends from Indian entities starting January 1. This decision follows a Supreme Court ruling that clarified the MFN clause's applicability concerning OECD membership. India's Ministry of External Affairs indicated that the double taxation treaty with Switzerland may need renegotiation due to India's recent trade pact with the European Free Trade Association, which aims to attract $100 billion in investments over the next 15 years.
Hindustan Times
Norwegian Krone Indian Rupee United States Dollar Swiss Franc Euro Nestlé S.A. LTU IND NOR COL ISL LIE CHE Randhir Jaiswal Show more
Regulatory & Legal, News Article
01:37 14.12.2024
Switzerland revokes MFN status for India following Supreme Court ruling on Nestle
Switzerland has revoked the most-favoured-nation status for India under their double tax avoidance agreement, following a 2023 Supreme Court ruling regarding Nestle. Starting January 1, 2025, the tax rate on dividends will increase from 5% to 10%, impacting Indian companies' competitiveness. Experts warn that other nations may adopt similar measures, citing concerns over reciprocity in tax treatment.
article
United States Dollar Swiss Franc Indian Rupee Nestlé S.A. CHE LTU IND COL Amit Maheshwari Ajay Srivastava Show more
Regulatory & Legal, News Article
00:38 14.12.2024
Switzerland revokes MFN status for India following Supreme Court ruling
Switzerland has revoked the most-favoured-nation status for India under their double tax avoidance agreement, following a 2023 Supreme Court ruling regarding Nestle. Starting January 1, 2025, the tax rate on dividends will increase from 5% to 10%, impacting Indian companies operating in Switzerland. This decision may lead to similar actions from other countries, as it highlights concerns over reciprocity in tax treatment.
article
United States Dollar Swiss Franc Indian Rupee Nestlé S.A. IND Amit Maheshwari Ajay Srivastava Show more
Regulatory & Legal, News Article
19:36 13.12.2024
Switzerland suspends MFN status for India impacting tax on dividends
Switzerland has suspended the Most Favoured Nation (MFN) status in its Double Taxation Avoidance Agreement with India, following a Supreme Court ruling that limits the MFN clause's applicability. This change will result in a 10% tax on dividends for Indian tax residents from January 1, 2025, increasing tax liabilities for Indian companies operating in Switzerland. The decision reflects a significant shift in bilateral tax treaty dynamics and may impact Swiss investments in India.
India TV
United States Dollar Swiss Franc Indian Rupee Nestlé S.A. CHE LTU IND COL Amit Maheshwari Sandeep Jhunjhunwala Show more
Regulatory & Legal, News Article
19:17 13.12.2024
Ukraine set to legalize cryptocurrency by early 2025 amid ongoing conflict
Ukrainian legislators are expected to legalize cryptocurrency in the first quarter of 2025, according to Danylo Hetmantsev, chairman of the Financial, Tax and Customs Policy Committee. The proposed law will not provide tax benefits for cryptocurrency transactions, with profits taxed under a securities model. This move comes amid ongoing geopolitical tensions and Russia's recent legislation allowing cryptocurrency use in international trade.
dailyhodl.com
Ukrainian Hryvnia UKR Danylo Hetmantsev
Regulatory & Legal, News Article
18:55 13.12.2024
Switzerland suspends MFN status to India following tax ruling changes
Switzerland has suspended the unilateral application of the most favoured nation (MFN) clause with India under the Double Tax Avoidance Agreement, reverting the withholding tax on Indian entities from 5% back to 10% effective January 1, 2025. This decision follows a Supreme Court ruling that affected the application of the MFN clause, highlighting the lack of reciprocity from India. Consequently, while Indian companies in Switzerland will still benefit from other DTAA provisions, dividends paid to Indian holding companies will now be taxed at the higher rate.
@bsindia
United States Dollar Nestlé S.A. PwrCor, Inc. CHE LTU IND COL Akhilesh Ranjan Show more
Regulatory & Legal, News Article
17:29 13.12.2024
Trending
Subcategory:
Cryptocurrency Markets Stock Market Updates Blockchain Technology Adoption Banking Regulations Cryptocurrency Trends Central Bank Actions Cryptocurrency Developments Market Sentiment Analysis Inflation Rates & CPI Data Shareholder Activism Corporate Responsibility & ESG AI Applications Decentralized Finance (DeFi) Innovations Smart Contracts & Decentralized Finance (DeFi) Market Analysis and Predictions SEC & Financial Compliance Hedge Funds & Private Equity Emerging Startups Funding Rounds & Investments Crypto Adoption and Integration
Countries:
USA CHN CHE CYP KOR THA VNM LIE TUR RUS SGP MNE JPN ARE SLV TWN FIN ETH AUT
Companies:
NIKE, Inc. Apple Inc. Solana USD NVIDIA Corporation TRON USD Hedera USD Morgan Stanley Charles Schwab Corp MicroStrategy Inc BlackRock, Inc. Fidelity Contrafund Berner Kantonalbank AG Dogecoin 2.0 USD World Liberty Financial (wlfi.club) USD VP Bank AG Santiment Network Token USD End Federal Reserve USD The Toronto-Dominion Bank University of Colorado Health Rent the Runway, Inc.
Currencies:
United States Dollar Euro Vietnamese Đồng Thai Baht Swiss Franc
People:
Donald Trump Ali Martinez Jack Dorset Joe Biden Tom Demark Henrik Zeberg Nguyen Thi Thu Huong Nguyen Huu Quang Vladimir Putin Anton Siluanov Jerome Powell Jelle Sels Shytoshi Kusama Jay Sole Axl Rose Alex Puig Nate Whitehill Leona Hioki Liam Wright Satoshi Hamada

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.