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Switzerland Suspends MFN Clause in Tax Agreement

Why in the news? Switzerland suspended the MFN clause in its DTAA with India, citing lack of reciprocity. Effective January 2025, this move could lead to higher taxes on dividends, impacting investments and businesses between the two countries. Suspension of MFN Clause in Tax Agreement: Switzerland has suspended the Most-Favoured-Nation (MFN) clause in its Double …