Why Switzerland Had to Suspend India's MFN Status | Under 4 min

Описание к видео Why Switzerland Had to Suspend India's MFN Status | Under 4 min

In a significant development, Switzerland has suspended India's Most Favored Nation (MFN) status under their Double Taxation Avoidance Agreement (DTAA), effective January 1, 2025. This move comes in response to India's Supreme Court verdict in the 2023 Nestle case, where the company sought more favorable dividend tax rates of 5% instead of 10%, citing that companies from OECD member states (like Lithuania and Colombia) enjoyed such preferential rates. While the Delhi High Court initially supported this interpretation in 2021, the Supreme Court's reversal has triggered this response from Switzerland.

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