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Switzerland suspends most favoured nation status to India, cites Nestle verdict – Times of India

Switzerland suspends most favoured nation status to India, cites Nestle verdict – Times of India

The Swiss authorities have suspended the most favoured nation status (MFN) provision in the Double Taxation Avoidance Agreement (DTAA) with India, which could affect Swiss investments in India and raise taxes for Indian firms operating in Switzerland. A December 11 statement from the Swiss finance department indicates this decision follows an Indian Supreme Court ruling...

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