Home » withholding tax

Tag: withholding tax

Post
Switzerland Revokes India’s MFN Status Amid Nestle Tax Dispute | Business

Switzerland Revokes India’s MFN Status Amid Nestle Tax Dispute | Business

In a significant economic development, Switzerland has announced the withdrawal of the Most Favoured Nation (MFN) status it had granted to India. This follows a legal ruling by the Indian Supreme Court against Switzerland-based multinational Nestle, triggering adverse tax implications for Indian businesses. Effective January 1, 2025, Indian companies operating in Switzerland will...