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Switzerland Revokes MFN Status In Tax Treaty With India Following Nestle Verdict

Switzerland Revokes MFN Status In Tax Treaty With India Following Nestle Verdict

Switzerland has taken unilateral action following the Supreme Court of India’s ruling in the Nestle case, revoking India’s “Most Favoured Nation” (MFN) status under the Double Taxation Avoidance Agreement (DTAA). This move marks a significant shift in bilateral treaty dynamics, which will substantially impact Indian companies operating in Switzerland and Swiss investments in India. In...