CBDT Signs Advance Pricing Agreements (APAs) to Usher in Certainty in Taxation. - 06.08.2015

In an effort to usher in certainty in taxation, the CBDT signed a further two Advance Pricing Agreements (APA) with multi-national companies. It has so far signed 14 APAs, of which 13 have been unilateral. APAs settle transfer prices and the methods of setting prices of international transactions in advance.

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