Friday, December 20, 2024

Switzerland MFN withdrawal: Pay 10% tax instead of 5% on dividend income from January 1, 2025; know how it will impact

Higher tax on dividend: From January 1, 2025 Indians need to pay witholding tax at 10% rate instead of 5% rate in Switzerland. Experts say this may result in burden for a company's cash flow and may also result in dead loss for certain trusts and individuals investing in Switzerland. Read below to know the impact of this decision by Switzerland.

from Tax-Wealth-Economic Times https://ift.tt/J5M4dHi

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