https://www.taxtmi.com/news?id=3707 The APA scheme implements agreements that determine in advance the arm's length price or its method for international transactions, binding the parties to the agreed price for the APA term. The process is voluntary, offers unilateral, bilateral and multilateral options, requires pre-filing consultation and formal application to the designated competent authority with prescribed fees, and includes provisions for annual compliance reporting, cancellation and revision of APAs. en-us Sat, 01 Sep 2012 15:05:41 +0530 Sat, 01 Sep 2012 15:05:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3707 The APA scheme implements agreements that determine in advance the arm's length price or its method for international transactions, binding the parties to the agreed price for the APA term. The process is voluntary, offers unilateral, bilateral and multilateral options, requires pre-filing consultation and formal application to the designated competent authority with prescribed fees, and includes provisions for annual compliance reporting, cancellation and revision of APAs. News - Sat, 01 Sep 2012 15:05:41 +0530 https://www.taxtmi.com/news?id=3707