<h1>CBDT Finalizes 18 Advance Pricing Agreements in March 2019, Enhancing Tax Clarity with Australia, Netherlands, and USA.</h1> The Central Board of Direct Taxes (CBDT) signed 18 Advance Pricing Agreements (APAs) in March 2019, including 3 Bilateral APAs (BAPAs), bringing the total for 2018-19 to 52, with 11 BAPAs. Overall, CBDT has entered into 271 APAs, including 31 BAPAs. The March BAPAs involved treaty partners from Australia, the Netherlands, and the USA, covering sectors like anti-friction bearings, risk management, BPO, IT/ITeS, and more. These agreements address international transactions such as contract manufacturing, software development, and royalty payments. The APA scheme supports a non-adversarial tax regime, gaining national and international recognition for resolving complex transfer pricing issues effectively.