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Nestlé judgment jolts Swiss MFN provision

Nestlé judgment jolts Swiss MFN provision

Switzerland recently rescinded the unilateral application of the most favoured nation (MFN) provision in its Double Taxation Avoidance Agreement (DTAA) with India. The MFN provision is a fundamental non-discrimination standard in international economic relations. FILE PHOTO: A logo is pictured during the 152nd Annual General Meeting of Nestle in Lausanne, Switzerland April 11, 2019. REUTERS/Denis...